RAB Capital has agreed terms over a proposed management buyout as the troubled hedge fund looks to delist from the AIM stock exchange.

Anthony Bolton has said he will learn from his mistakes after his Fidelity China Special Situations fund invested in US-listed Chinese companies accused of fraud.

F&C may be forced to make a multi-million pound payout after it lost a case against two founding partners of its fund of hedge funds business.

Aberdeen's multi-managers have cut cash weightings in their portfolios by as much as two-thirds in anticipation of an improved economic environment.

Steven Mendel, head of wealth management at Close Asset Management, is to leave the firm at the end of this week.

Threadneedle's head of UK equities Simon Brazier has warned the chance of the UK sliding back into recession is high, but said market short-termism represents an opportunity not a threat.

News Corporation has moved to shore up its share price with a $5bn stock repurchase programme.

Mark Mobius has warned it will take until the end of 2011 for China to overcome its inflationary problems.

UK consumer price inflation fell from 4.5% in May to 4.2% in June despite food prices remaining high.

Goldman Sachs has upgraded BSkyB to a buy rating, saying the 14% drop in its share price since Thursday has produced an ‘attractive entry point'.