China's stock market has rebounded slightly on Tuesday after its worst day for 18 months, as the country's parliament begins its annual session.

Sir Paul Ruddock, head and co-founder of hedge fund Lansdowne Partners, is to step down from his role at the end of June.

Banking stocks continued to pull back the FTSE 100 on Monday, as the losses announced by Lloyds Banking Group last week continued to dog the group and its peers.

The result of Italy's presidential election shocked markets last week and sparked renewed volatility, with none of the four competing political parties emerging victorious, but what does it mean for investors now?

Scottish Widows Investment Partnership (SWIP) has seen outflows of £6.6bn from the business in 2012, after investors opted to move out of its insurance products.

The US economy expanded by 0.1% in the final quarter of 2012, after the initial estimate of a 0.1% contraction was revised upwards today.

Kames Capital is to remove the performance fee on its Kames UK Equity Absolute Return fun, managed by David Griffiths and David Pringle, after reaching £100m in size.

As the most popular emerging market equity funds are soft closing to stem inflows, wealth managers are being forced to look for alternatives beyond their usual top picks.

Margaret Lawson has been snapping up "bombed out" UK retailers in her SVM UK Growth fund, as the survivors of the massacre on the high street emerge stronger and with less competition.

European bond and stock markets saw a sharp sell-off on Monday after a shock result from the Italian election, where no political group managed to win a majority vote.