Hargreaves Services, a core holding of James Hanbury's Odey UK Absolute Return fund, fell 30% earlier this week following a profits warning.

Will excessive caution lead wealth managers to miss out on lucrative opportunities? Katie Holliday reports.

Multi-manager investment boutique Architas is launching a Multi-Asset Blended range of eight funds, combining active and passive management styles.

Slowing industrial production is the largest headwind facing Northern Europe in the near term, according to Newton's bond manager Paul Brain.

Scottish Widows Investment Partnership's (SWIP) head of UK rates Graeme Troy is set to leave the firm on 15 June.

Deputy Prime Minister Nick Clegg will say no rational person would want to see Greece exit the eurozone today, warning the UK will suffer if the country leaves the single currency.

Markets across Europe set new lows for 2012 yesterday after countries were told by Brussels to prepare contingency plans for a Greek exit.

Pictet Asset Management is set to launch an emerging markets high dividend offering for Mark Boulton and Stephen Burrows.

Scottish Widows Investment Partnership (SWIP) has confirmed the members of its revamped global equities team who will be staying following its overhaul.

The International Monetary Fund (IMF), headed by Christine Lagarde, has urged the UK to consider introducing more quantitative easing and cut interest rates.