Threadneedle is to alter its managed funds' investment policy by allowing managers to make more defensive plays and invest more heavily in its long/short offerings.

Sterling dropped against the dollar after the latest MPC minutes revealed no calls for a UK rate hike and opened the door to further QE.

Premier League club Manchester United is set to list on the Singapore stock exchange before the end of the year, according to reports.

Price pressures across a number of areas have seen UK CPI annual inflation rise from 4.2% in June to 4.4% in July.

Hedge fund manager John Paulson bought into News Corporation ahead of the phone hacking scandal during a quarter when he also slashed major bank stakes.

Investec's Mark Lacey and Jonathan Waghorn have said energy equities in the E&P sector are showing "extreme value" as shares discount M&A prospects and price in a global recession.

Japan's economy performed better than expected in the second quarter, indicating relative resilience in the aftermath of the Tohoku earthquake.

Berkshire Hathaway's Warren Buffett has said the US government should immediately raise taxes on high earners to aid the economic recovery.

The Invesco Property Income trust is proposing to change its investment objective as it seeks to dispose of assets prior to a planned winding up of the company.

Old Mutual's Stewart Cowley and LGIM's Richard Hodges have reversed their short duration stances and removed their treasury short positions as the flight to safety pushes yields to record lows.