News

Shares in Warren Buffett's firm Berkshire Hathaway have reached a new high of $200,000 each.

Passive fund providers are under renewed pressure to reduce the cost of investing in their funds, following a move by Fidelity Worldwide Investments to cut fees on its index tracker range.

Harlequin chairman David Ames is misleading investors into thinking the Financial Services Compensation Scheme (FSCS) backs a controversial trust he is trying to use to rescue his troubled overseas property scheme - a claim the scheme vehemently denies...

Neil Woodford's St James's Place mandate is in line for a rapid windfall from the manager's investment in Daisy Group after its chief executive said he was plotting a £500m buyout of his own company.

The government has been told it can sue French banking giant Societe Generale for allegedly mis-selling financial products to Northern Rock that were partly to blame for UK lender's collapse.

Invesco Perpetual is set to back the acquisition of Moneybarn by peer Provident Financial, in which it holds a 20% stake.

The eurozone's two largest economies both performed worse than expected in the second quarter, raising fresh fears over economic stability in the currency bloc.

Markets across Asia and the US climbed on Thursday, following a bout of soft economic data which saw retail sales in the US stall.

The Investment Management Association is to launch a consultation into how fund groups disclose portfolio turnover rates as early as next month.

Schroders is set to merge its Global Climate Change fund into the QEP Global Core fund at the end of September.