News

Asian markets are set for their largest weekly loss in nine months as investors worry about continued policy tightening and unrest in Egypt.

Warren Buffett's $5bn investment in Goldman Sachs after Lehman Brothers collapsed was a ‘wager' to allow the Federal Reserve to take on debt and prop up the economic recovery.

Templeton's emerging markets expert Mark Mobius says he is still 'very positive' about Egypt's investment prospects, believing political turmoil will spur long-term reform.

Fidelity is changing the investment parameters of its £182m Fidelity Global Inflation Linked Bond fund, allowing manager Andy Weir to reduce average duration.

The telecoms sector has turned a corner, with topline growth starting to emerge after 10 years of almost no growth, says Jacob de Tusch-Lec at Artemis.

Tracker funds have seen the highest net retail sales since 2000, totalling £1.2bn last year compared with £406m in 2009, according to the IMA.

The Bank of England has held interest rates at 0.5% and kept its quantitative easing programme at £200bn.

Sales of Global Growth funds on Cofunds hit a record high in January as advisers turn to equities for income at the expense of bond funds.

Henderson Global Investors is aiming to raise up to £150m with the launch of its latest product, a global equity income investment trust.

Markets across Europe have opened lower ahead of the Bank of England's decision on interest rates today.