Investment boutique Polar Capital has hired two managers to launch a global equity fund in the company's first foray into the sector.
Amazon shares are expected to slide 9% when Wall Street opens, as the online retailer's sales failed to meet analyst expectations over Christmas.
Tech star Ben Rogoff has blamed the "formidable headwind" of small caps for a 5% fall in NAV for the Polar Capital Technology trust over the six months to 31 October 2011.
The battle between investment trusts and OEICs is long standing, but when it comes to cost, one side comes out on top, writes Kyle Caldwell.