Alliance Trust has cut its ongoing charges figure (OCF) by 20% as part of its focus on cost-cutting.

Distribution Technology (DT), the risk-profiling tool provider, has launched a fund risk-targeting service.

Kames Capital has cut the annual management charge on Stephen Snowden's (pictured) Investment Grade Global Bond Fund in an effort to align its with European peers.

M&G Investments is set to close its Global Real Estate Securities fund after the departure of manager Gillian Tiltman prompted outflows from the strategy.

Warren Buffett's Berkshire Hathaway is looking to issue its first ever euro-denominated bond, according to reports.

Jamie Frere-Scott has joined Ashcourt Rowan as funds director after less than a year as head of research at life insurer Mobius Life.

Architas is launching a global multi-asset fund for CIO Caspar Rock as demand for income-generating products continues to grow.

In his 50th annual letter to the shareholders of Berkshire Hathaway, Warren Buffett assured investors the company is well positioned to weather upcoming market storms.

Barclays has made increased provisions for a probe into currency market manipulation and other issues, masking a rise in adjusted pre-tax profits.

Nick Clay, alternate manager on the Newton Global Higher Income fund, has said the Federal Reserve may yet take further monetary easing measures instead of the expected tightening.