Financials rose this morning, but could not prevent the FTSE falling 0.2%, or 8.8 points to 5475.28.

Jason Mackay, co-head of the UK equity business at GLG Partners, is to leave the group at the end of this year.

Fund manager GAM grew its assets under management by 15% in 2009 despite suffering heavy redemptions in the first half of the year.

Billionaire investor Warren Buffett has attacked senior managers and directors at banks for shunning responsibility for risk management.

London's RWC Partners says it will launch Ucits variants of each new hedge fund it establishes as long as the strategy meets key criteria.

Manager sees little interest to be earned from cash, believing buybacks would be more beneficial to investors

10 companies account for 60% of all dividend income, as concentration worsens

Odey Capital Management is to focus more heavily on the retail and mass affluent marketplace, according to chief executive David Stewart.

Investors are increasingly looking East as dividend culture of UK companies wanes, capping what was dubbed a ‘dismal decade' for UK shares.

Do hedge fund managers really have the relevant skills to successfully manage regulated, Ucits III products?