Matrix is planning to launch a range of Ucits III funds, the first of which is likely to be an Eastern European equity fund with a focus on Russia.
BP's disastrous Gulf of Mexico oil well was permanently sealed yesterday, finishing what was the worst offshore oil spill in US history.
Legg Mason Capital Management guru Bill Miller talks to IW about current investor behaviour, dividends, the dreaded double dip and more...
Renowned Legg Mason manager Bill Miller bought a large stake in Transocean at the height of the BP turmoil, believing the owner of the stricken Gulf of Mexico rig got oversold during the crisis.
Legg Mason Capital Management's Bill Miller believes equity markets are capable of seeing solid gains by year end as investors become more confident in the US recovery.
Sector Investment Managers is renaming its Junior Mining fund to better reflect its 90% allocation to gold miners.
Warren Buffett has begun unloading shares in ratings agency Moody's as the group's share price hit $25, CNBC reports.