Punter Southall has taken full control of PSigma Asset Management, taking over a 50% stake from the boutique's founders.

China has pledged to step in to help resolve the eurozone debt crisis through getting more deeply involved in the EFSF.

Facebook's value rose to $123bn in grey trading yesterday as it prepares for a $5bn float later this year.

Eclectica Asset Management's Hugh Hendry has cut his exposure to gilts as yields have fallen to their lowest ever level in recent weeks.

Bond heavyweights have begun shorting UK gilts ahead of an expected correction, warning yields have reached ‘extreme' lows.

Lindsell Train founder Nick Train has revealed hefty positions in some of the more defensive stocks in the FTSE 100 helped him outperform the market substantially last year.

London-based investment manager Exotix - the emerging and frontier markets specialist - is urging clients to buy into Greek debt and the country's stock market before it reaches a deal with creditors.

Morgan Stanley's head of European equities Matthew Leeman has moved overweight banks in the region in the view there are mispriced opportunities in the sector.

UK-domiciled investment trusts have been granted greater flexibility in paying out dividends, with vehicles now able to distribute capital profits as income for the first time.

Solar venture capital trusts (VCTs) have been handed a ‘lifeline' as the government lost its appeal against a High Court ruling on solar subsidies.