ANTHONY BOLTON

GLG is to soft-close its Dublin-domiciled European Equity Alternative fund, run by the group's co-founder Pierre Lagrange, less than a year after it launched.

Asian investment house Lion Global Investors (LGI) has launched three funds into the UK, including an Asian Income mandate which it hopes can challenge the existing powerhouses in the sector.

The FTSE 100 and a host of European markets were tumbling today after a warning from Moody's about Spain's credit rating spooked nervous investors.

Spanish government bond yields have shot through the danger level of 7% as fears grow its debt could soon be rated as junk.

SHAREHOLDER SPRING?

Fidelity's legendary fund manager Anthony Bolton has admitted his China Special Situations trust is 'not where I had hoped to be' after the NAV fell 18.5% for the year ended 31 March 2012.

Liontrust's top performing fund manager Anthony Cross has backed Hargreaves Lansdown's shares to surge after the final rules around platforms and RDR are released.

The Financial Services Authority (FSA) has fined investment firm Accendo Markets £56,000 after it failed to ensure its customers were suitable for high-risk products.

Gold exchange-traded commodities (ETCs) saw $500m of inflows in the past three weeks, as investors flocked to the precious metal as the eurozone crisis worsened.