News

Anthony Bolton is to extend his tenure as manager of Fidelity China Special Situations until at least April 2014.

Ardevora, the asset management group set up by ex-Liontrust star Jeremy Lang, has seen assets under management climb above £100m for the first time.

ISA investors used ETFs to help boost their exposure to a range of commodities in the first quarter of the year, according to sales figures from Hargreaves Lansdown.

Neil Woodford has for the first time lifted the lid on why he completely sold out of retailer Tesco, while admitting he was disinclined to do so with the stock trading at distressed valuations.

China has widened the yuan's trading band, moving it a step closer to becoming a fully tradable global currency.

Commodity prices could rise by as much as 20% in the second half of 2012 while forecasts for falls in mining stocks are overdone, according to Credit Suisse.

Standard & Poor's (S&P) has reaffirmed its AAA credit rating for the UK and forecasts the government's net debt burden will peak next year.

The US economy risks being in a state of gridlock for the crucial last few weeks of the year, irrespective of who wins the November election, according to a leading independent American political analyst.

The results of last December's stress tests have prompted Threadneedle's Cormac Weldon to move to an overweight in financials as he calls the end of the banking crisis.

Among Investment Week's best read news stories last week were the discovery of a new acroynm; George Osborne's shock over tax dodging revelations; and a list of the funds that would have served you well in the first quarter.