The Financial Services Authority (FSA) has ordered Threadneedle to file a report on its systems and controls with regards to a rogue trade of Argentine warrants, according to reports.
Lloyds Banking Group has reported a pre-tax loss of £3.5bn for 2011, while warning shareholders to prepare for more pain as it forecasts a decline in revenues for 2012.
Fidelity's Anthony Bolton has warned Chinese GDP growth will come in at around 7.5% this year, undershooting consensus forecasts for growth of between 8% and 8.5%.
M&G Investments' Alex Odd has entered Bestinvest's infamous list of "dog funds", alongside offerings from Standard Life and SWIP, after his £1.2bn M&G Dividend fund underperformed its benchmark substanitally.
Investment trusts have substantially outperformed unit trusts and OEICs over the past decade, according to research.
Hedge fund star George Soros has been expanding positions in a number of his technology favourities, increasing his overall exposure to the sector by 15%.