Aviva Investors' Chris Higham has taken his cash and government bond weighting to a record high following outperformance in the credit markets and his doubts over the US recovery.

Investment veteran Warren Buffett has said the chances of the US slipping back into recession are very low, despite fears over the fiscal cliff facing the country at the end of the year.

Aberdeen’s Whitley selects 11 stocks for dream team portfolio

Aviva Investors has launched a Global Short Duration High Yield Bond fund for senior high yield portfolio manager Jeremy Hughes.

Billionaire investor George Soros has told European leaders they only have three months to rescue the single currency.

Investment veteran Jim Rogers has spoken out against the US dollar, describing the perceived safe haven as "terribly flawed".

European equities have fallen sharply this morning as the rate of Spain's manufacturing contraction increased and soaring eurozone unemployment worried investors.

BP has informed the other shareholder in its joint venture, a group of Russian billionaires known as Alfa Access Renova, of its plans to find a buyer for the stake, according to the BBC.

Boutique Dalton Strategic Partnership(DSP) has closed its £1.2m Melchior Japan Opportunities and £3.9m Melchior UK Opportunities funds to streamline its range.

SWIP is set to merge six mandates previously managed by Peter Cockburn into the £124m UK Opportunities fund now run by James Clunie.