Invesco Perpetual has handed top-performing UK manager Stephen Anness its Global Opportunities fund as part of a reshuffle of its equities division.

Fidelity Worldwide Investment is to soft-close its popular FAST Europe strategy following a surge in inflows, Investment Week can reveal.

Warren Buffett's investment group Berkshire Hathaway has completed a $1.2bn share buyback after snapping up the shares of an unnamed long-term shareholder.

Henderson Global Investors has hired James de Bunsen, former portfolio manager at Patrick Armstrong's investment firm, for its multi-asset team following Tony Lanning's departure.

HSBC will spend $700m over the next five years in an attempt to tackle money laundering after it was lambasted by US authorities and fined $1.9bn yesterday.

Fidelity's Anthony Bolton has predicted a turnaround in China next year as the economic cycle shifts in the country's favour.

The decision by Mario Monti to stand down as Italian Prime Minister earlier than planned has caused markets to fall across Europe today, and led to a spike in Italian bond yields.

Today Investment Week exclusively revealed Jupiter's Anthony Nutt was handing over his £2bn Income Trust next year ahead of his retirement in 2014, but is now the time to buy in?

The global economy remains beset with problems, from low or non-existent growth in developed Western economies, to a slowdown in China.

GLG Partners is to reopen the top-performing Japan CoreAlpha fund range, run by Stephen Harker (pictured), Neil Edwards and Jeffrey Atherton.