News

Warren Buffett's Berkshire Hathaway made a profit of $806m on lending Goldman Sachs $5bn to help the bank through the last financial crisis.

Asian stocks have slumped on Monday, extending one of the worst sell-offs in recent years, after Standard and Poor's cut the US' AAA-credit rating.

S&P's decision to cut the US' prized AAA-credit rating puts the superpower in a worse position than the Isle of Man and Hong Kong.

Fidelity FundsNetwork has laid down the gauntlet to rivals by pledging to disclose payments it receives from fund groups by the end of the month.

Henderson TR Pacific manager Andrew Beal backs Asian consumer spending to hit $16trn mark as middle section of society gets richer

Janus US All Cap Growth manager says ‘get me out of here' attitude will result in a number stocks being undervalued

Banks added to market woes last week with the UK's major players reporting a raft of losses prompted by PPI claims and the European debt crisis.

Period of slow growth in US and Europe draws parallels with Japan post 1990

Fitch Ratings, the US fund rating service, is to launch a fund rating service covering UK funds as part of a new offering aimed at professional investors.

Major companies favoured by leading European fund managers are facing severe price pressures as the global flight to safety propelled the Swiss franc to new heights today.