ETF

George Soros has sold down all his gold holdings and has stocked up on unloved retailer JC Penney, nutrition supplement firm Herbalife, and tech giant Apple.

Developed equities attracted the bulk of inflows into exchange traded funds (ETF) in the second quarter, according to the latest figures from iShares, as investors continue to shy away from emerging markets.

Fixed income managers have taken advantage of pricing opportunities in the high yield space to move back into the asset class, after outflows hit record levels in June following the Federal Reserve's tapering talk.

BlackRock's ETF platform iShares has appointed Tom Fekete from Barclays Wealth as head of product development in Europe, Middle East and Africa (EMEA).

Morningstar has revealed the ten most popular exchange-traded funds (ETFs) in the second quarter of 2013, based on the most searched for funds on its website.

Multi-asset managers have cautioned against buying back into gold, arguing the precious metal ‘momentum trade' no longer exists.

DFMs

In a week when tapering talk reached fever pitch, one of our best read stories looked at the dollar slump as Fed chief Ben Bernanke said he will hold firm on QE for a while longer.

Fund managers have voiced concerns ETF trading is increasingly driving the direction of the wider market and exacerbating recent slumps, raising questions over the use of the products in less liquid securities.

Blackrock has completed the purchase of Credit Suisse's ETF business as part of an expansion into the Swiss market.