Equities

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As the iPhone queues lengthen and governments reconsider licence auctions, perhaps the FT's Jonathan Guthrie was right in suggesting long-term evolution (4G or LTE) will be of as much use to Britons as "snuff and moustache wax".

This week, managers explain which moves have helped their performance in 2012.

Bank of England policymaker Andy Haldane, has slated ring-fencing proposals for being too weak and said "King Kong" banks should be no larger than $100bn.

The European Parliament has voted against a ban on commission payments in Europe in a move placing it at odds with the FSA's stance under the incoming Retail Distribution Review (RDR).

ON ASIA PACIFIC EX JAPAN

Apple, the world's largest company, revealed profits in the fourth quarter missed analysts' estimates, prompting a share price drop of 1.5% in after-hours trading.

Equity fund flows surged to €1.91bn in September, the first positive monthly figure since February, Morningstar's latest European fund flows data has shown.

The US government has postponed the start date of incoming tax regime FATCA to give businesses more time to comply with the rules.