Equities

Alken's Absolute Return Europe fund has seen inflows of nearly £700m since the start of the year as investors piled into absolute return products.

Swiss & Global Asset Management has launched the JB China Evolution fund for Jian Shi Cortesi.

Skagen has launched RDR-compliant clean share classes in the UK for its Kon-Tiki, Global and Vekst equity funds.

Asia's major equity markets have fallen after data from China's services sector disappointed.

Royal Bank of Scotland (RBS) has settled lawsuits with Gary Cottle, the former head of risk at its investment banking division, over a £700,000 bonus.

Four Capital Partners' Mike Pinggera has removed positions in emerging markets, BRICs and Asia ex. Japan from his Multi-Strategy fund after recent losses.

Warren Buffett's Berkshire Hathaway is set to miss its five year performance target for the first time in over four decades.

Craig Newman, ex-sales director at Invesco Perpetual, has moved Oakley Capital to work alongside fund manager Neil Woodford.

J.P.Morgan Chase & Co has revealed it paid more than 100 of its top staff in the UK an average of £2m each in 2012.

Stock markets in Asia have started the new year in the red after a lowly first session which saw Chinese shares sell off on weak manufacturing numbers.