Equities

Principal Investment Management has placed a number of veteran UK income managers onto its infamous Black List of funds, part of the group's latest Income Study.

Charlie Awdry, manager of Henderson's China Opportunities fund, looks at why a bottoming out of power output in China could be a sign the economy is set to turn.

EMERGING MARKETS

Warren Buffet's conglomerate Berkshire Hathaway reported a fall in profits for Q2 2012, as derivatives losses weighed on the results.

Italian Prime Minister Mario Monti has described a psychological rift deeply ingrained within the eurozone that could potentially rip Europe apart.

Invesco Perpetual's Neil Woodford is running the most concentrated portfolios seen in his 25-year fund management career in an effort to shield his funds from economic headwinds.

UBS Global Asset Management has hired Stephen Hutton as head of UK wholesale to spearhead the firm's drive into the third party discretionary market.

RWC Partners is re-opening Ajay Gambhir's European Absolute Alpha fund after closing it last year.

Nabeel Mughal and Peter Kaye (pictured), co-managers of the £98m Melchior North American Opportunities fund, name their five most lucrative investments over the past five years.

EMs