Equities

Neil Woodford's heavy overweight pharmaceutical position on the Invesco Perpetual Income fund dragged the portfolio into the bottom quartile during the first three months of the year.

EUROZONE CRISIS

ON EMs

ON EUROPE

First State Asia Pacific Leaders manager Angus Tulloch has warned investors political stability in China is "increasingly fragile" in the aftermath of the Bo Xilai scandal.

Senior executives at Lehman Brothers knew of the risks which led to the investment bank's collapse, and chose to ignore warning signs as early as 2007, according to new documents.

Andrew Moss, the chief executive officer of insurance giant Aviva, is leaving the group.

BlackRock's Bob Doll said stock prices need to rise and bond prices need to fall before American investors will buy US stocks again.

In the second in a two-part special, fund managers reveal the plays that have contributed to their performance since January.

Neptune UK Mid Cap fund manager Mark Martin looks at the prospects for companies in the out of favour pharmaceutical industry.