Fidelity has launched a fund of funds investing in lesser-known portfolios as an exclusive offering for its high-net-worth (HNW) direct clients.

Hedge fund manager John Paulson is backing a turnaround in the Greek economy by taking positions in some of the country's largest banks.

Matthews Asia, the US-based Asia-only fund house, is set to make a further push into the UK market after three years of preparatory work.

Former New Star marketing director Richard Wilson is to join Jupiter as head of marketing next month.

Paul Read has said his Invesco Perpetual fixed interest team are "thinking about liquidity all the time" and can use the size of their funds to exploit bond market dislocations.

Aviva has completed the sale of its US life and annuities business for £500m more than it originally announced.

Threadneedle has made five hires to its Asian equities team as it expands its on-the-ground presence in the region.

Consumer staples shares dragged the FTSE 100 into the red this morning after Unilever said profit growth from its emerging markets business would miss expectations.

UK managers have called into question domestic equity valuations, saying recent landmark events should act as a warning sign for investors.

The value of short positions in UK and European stocks has hit multi-year lows as the recent market run-up dissuades investors from making negative bets.