Patrick and Ana Cukic Armstrong, former co-heads of the Insight multi-asset team, are launching the first fund from their new boutique Armstrong Investment Managers (AIM).

OBSR has awarded the JPM Emerging Markets Alpha Plus fund an A rating ahead of its addition to the Cofunds platform on Monday.

The eurozone economy has left recession with economic growth of 0.4% between July and September.

The FSA has fined and banned a former UBS employee for helping cover-up unauthorised trading losses.

The volume of SRI assets in the UK fell 17% this year as a result of a high equity exposure, according to European social responsibility ratings agency Vigeo.

Meteor Asset Management has been given the all-clear over its marketing and sales of Lehman-backed structured products, allowing it to begin launching a range of open-ended funds.

Warren Buffett's Berkshire Hathaway has reported a near 200% rise in profits for the third quarter.

Latin American equities are undervalued relative to other emerging markets and are set to outperform Asian stocks in the near term, according to HSBC Global Asset Management.

Brazil will be one of the first countries to emerge from recession and is on track to become a global economic powerhouse, according to Legg Mason affiliate Batterymarch.

Swip has hired former Old Mutual head of fixed income and global macro Andrew Tunks as its interim director of fixed income.