Asia fund managers have mixed views on the timing of buying opportunities in China despite a consensus view inflation has peaked, according to Standard & Poor's.
Billionaire investor Warren Buffett has appeared on Chinese state television signing a song as part of the country's new year celebrations.
Skandia Investment Group (SIG) has awarded mandates on its UK Best Ideas and Global Best Ideas funds to Artemis' Global Growth manager Tim Steer.
Bank of America shares surged almost 6% on the opening bell on Wall Street after the bank posted net income of $2bn for the fourth quarter of 2011, despite its investment banking arm booking a loss.