News

Fidelity Worldwide Investment is to soft-close its popular FAST Europe strategy following a surge in inflows, Investment Week can reveal.

A two-timing investment banker has been jailed for two years and eight months for insider dealing.

Asian equity boutique Coupland Cardiff is set to add a Japanese income fund to its range in the New Year.

Investec multi-asset duo Philip Saunders and Max King (pictured) share their top 10 global investment themes for 2013.

Carmignac Gestion has hired Vincent Steenman from Zadig Asset Management to take over management of its Market Neutral fund from Maxime Carmignac.

Schroders has launched the offshore ISF EURO High Yield fund for Konstantin Leidman.

Hargreaves Lansdown CEO Ian Gorham has sold an interest in 750,000 of the group's shares for £3.35m and reinvested half the proceeds back in the company.

Henderson non-executive chairman Rupert Pennant-Rea is to stand down in May 2013 as the asset manager unveils a corporate restructure.

The US Federal Reserve has expanded the scope of its quantitative easing programme and suggested interest rates will not rise until US unemployment falls below 6.5%.

Warren Buffett's investment group Berkshire Hathaway has completed a $1.2bn share buyback after snapping up the shares of an unnamed long-term shareholder.