Lacklustre performance lands both Tom Walker's funds in Chelsea Financial Services' infamous Relegation Zone.
Warren Buffett's annual charity lunch auction raised a record $2.63m as it on Friday closed following a week of bidding after the winner offered extra cash to break the record.
Tension between the European Central Bank and the German government has intensified as Jean-Claude Trichet hit back at the German finance minister's claims Greek government bondholders should contribute to a new aid programme.
JO Hambro Capital Management's newest offering, Global Emerging Markets Opportunities fund, will have a large-cap bias and adopt the top-down approach the managers used in their in their previous roles at Barings.
Investors reluctant to seize growth opportunities as social media firm's flotation sparks technology bubble fears.
‘If in doubt, delegate' seems to be the mantra of a growing number of investors this year, as asset allocation portfolios giving managers discretion to shift capital between markets are a popular choice.
Emerging economies outstripping developed nations with the pace of their economic expansion must take more action to combat inflation or risk overheating, the influential World Bank has said.
Barclays has won a long-running legal battle over its actions on the eve of the credit crisis.
Skandia's François Zagamé has revamped the American mandate in his £1bn Global Dynamic Equity fund to give it a greater mid-cap focus.
As the euro crisis staggers on, Greek EU commissioner Maria Damanaki has raised the prospect of her country being forced out of the eurozone if it does not quickly assert control over its wayward public finances.