Walker Crips fund managers Jan Luthman and Stephen Bailey's long-established macrothematic investment philosophy has led the group's £156m Equity Income fund to long-term top quartile performance.

Markets across Europe have opened lower ahead of the Bank of England's decision on interest rates today.

China has raised interest rates for the third time in four months in an attempt to cool inflation.

London's leading index started trading sluggishly, despite the Dow Jones yesterday closing up for the sixth consecutive day and the Nikkei hitting a nine-month peak overnight.

Laxey Partners has sent out a letter to Alliance Trust shareholders arguing for the introduction of share buybacks if the trust's discount to net asset value exceeds 10%.

Braveheart Investment Group has launched a fund investing in young UK companies it believes have strong growth prospects.

RCM is preparing to launch GEM multi-asset fund in the second quarter of this year.

Dalton Strategic Partnership's global head of asset allocation Andrew Dalton is seeing value in out-of-favour Japanese equities and predicts this year they could perform as strongly as in 2005.

LGIM's Richard Hodges has added 12% to his high yield positions in the £1.3bn Dynamic Bond trust, and expects to take exposure to 50% this year.

Some of the biggest Chinese investors in the investment trust universe have clashed over whether the country is in bubble territory.