Patrick Evershed lost his cool on one of his last days at New Star, attacking the firm's CIO for preventing him topping up a position in HBOS, an employment tribunal heard today.

Patrick Evershed's case against former employers New Star took another turn today after it was revealed he signed an agreement to keep his fund open despite its increase in size.

As the deadline to RDR draws ever closer, Legal & General Investments managing director Simon Ellis talks to Kyle Caldwell about plans to expand the group's multi-asset suite and the inevitable rise of outsourcing.

First State Investments' Jonathan Asante bought into Anglo American for the first time in three years ahead of its purchase of 40% of diamond producer De Beers last week.

IMA figures show net inflows drop to levels last seen at height of crisis, with just five trusts launched this year compared to 15 in 2010.

European broker CA Cheuvreux has penned an open letter to billionaire US investor Warren Buffett, urging the Sage of Omaha to buy into ‘bottomed out' European equities.

Government-controlled US mortgage financier Freddie Mac is seeking a further $6bn from US taxpayers, taking its total bailout to $72.2bn.

Greece has postponed plans to hold a referendum on the European debt deal thrashed out by ministers last week after the country's opposition leader publicly backed the proposals.

Marlborough Fund Managers has announced plans to merge two UK funds, one of which was formerly run by Greg Bennett, into portfolios managed by Giles Hargreave.

The board of John Bennett's Gartmore European trust has outlined proposals to revamp the portfolio, including slashing holdings by 50% and renaming the trust.