Equities

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

The board of the £28m UK Select trust has announced the company will rebrand under the Threadneedle name early next year, subject to shareholder approval.

The year started off well for US investors as its major stock markets hit fresh highs in the first half.

After a strong year for most asset markets in 2012, many commentators are pointing to a much leaner year in 2013.

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

Asian equity boutique Coupland Cardiff is set to add a Japanese income fund to its range in the New Year.

Carmignac Gestion has hired Vincent Steenman from Zadig Asset Management to take over management of its Market Neutral fund from Maxime Carmignac.

Schroders has launched the offshore ISF EURO High Yield fund for Konstantin Leidman.

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.

Leading global equity investors cast their eye over their favourite markets for 2012, and give their outlooks for the coming year, in which several developed economies will face significant macro-level challenges.