News

Annual consumer prices inflation (CPI) rose in October to a four-month high of 3.2%, up from 3.1% in September and higher than the 3.1% economists expected.

Star Fidelity fund manager Anthony Bolton has revealed his China trust's 20 largest holdings.

Eurozone ministers are poised to meet in Brussels as the debt crisis once again threatens the economic stability of the 16-member bloc.

The debt position of Greece, officially Europe's most indebted country, is set to be to worse than previously expected this year.

Hedge fund manager John Paulson, who made billions by betting against subprime mortgages, has begun to exit the large positions he took in the hard hit banking sector last year.

George Soros, who has described gold's spike as the "ultimate asset bubble", has cut his holdings in the SPDR Gold Trust for a third quarter.

Warren Buffett's Berkshire Hathaway has taken a $52m stake in the Bank of New York Mellon and increased its holding in Wells Fargo.

WOODFORD ON SUCCESSION

Brown Advisory's US Equity Value fund has broken through $200m of AUM.

UBS is launching an onshore version of its Asian Consumption fund, which aims to tap into the growing demand for goods and services in the burgeoning region.