The Investment Association (IA) has proposed a new method of presenting portfolio turnover rates, and called for transaction fees to be separated from fixed costs, as part of a push for more comprehensive fund fee disclosure.

HSBC is facing investigations at home and abroad following allegations that it colluded with Swiss clients to help them dodge tax.

Guinness founder and CIO Tim Guinness has said the problems in Greece will not spark a fresh banking crisis even if the beleaguered nation is forced to exit the euro.

Investment Quorum has unveiled a series of funds it is backing to navigate currency wars and unpredictable central bank action in 2015, said the group's CIO Peter Lowman.

The European Central Bank (ECB) has restricted Greece's access to cheap liquidity on concerns its new government is not committed to existing bailout pledges.

Fidelity's South East Asia fund manager Allan Liu is to retire later this year after 27 years of running active funds.

Germany's 10-year government bond yield slipped below Japan's for the first time on record today.

Polar Capital plans to add a second European Income fund to its range following demand from clients for a fund which excludes UK stocks.

There is more chance of a recession in Switzerland than there is in Greece following the Swiss National Bank's decision to scrap its cap on the franc, according to economists.

Brooks Macdonald's Mark Watson has joined Morningstar as director of UK intermediary sales.