News

Warren Buffett's Berkshire Hathaway failed to beat the S&P 500's return last year, meaning it missed Buffett's target of beating the index over a five year period for the first time.

Jupiter CEO Edward Bonham Carter has sold one million shares in the company as he prepares to step back from running the business.

Some of the UK's largest fund houses are shifting focus to concentrate on ongoing charges after Invesco Perpetual became the first group to ditch annual management charges (AMCs) altogether.

Russia's benchmark Micex index has fallen over 10% in response to geopolitical tensions in Ukraine, with the country's central bank hiking rates in a bid to prop up the rouble.

Hargreaves Lansdown has revealed the exact details of its new clean pricing deals from leading fund groups including M&G, Newton and Schroders.

A concentration of flows among an increasingly small pool of funds is prompting buyers to turn away from the biggest players due to fears over performance, liquidity and communication.

Fidelity's Personal Investing platform has moved to minimise the impact of D2C super clean fund deals on the end-investor by offering to refund the difference when funds are available more cheaply elsewhere.

City Financial is to merge its £31m OPM Fixed Interest fund - run by Tony Yousefian - into the City Financial Diversified Fixed Interest fund as it moves to streamline its fund range.

Annualised US GDP growth for Q4 2013 has been revised down from 3.2% to 2.4% at the second estimate, with worse-than-expected personal consumption figures to blame.

Whitechurch Securities has introduced a raft of lower prices for advisers who put clients with larger portfolios into its multi-asset investment management service.