French insurance giant Axa, which was the largest shareholder in Goldman Sachs, has almost halved its stake in the investment bank.
I confess I am a Berkshire Hathaway shareholder and Warren Buffett fan. I have been interested for some time in his philosophy and investment approach and read, earlier in my career, everything I could about him and his mentor, Benjamin Graham.
The UK's top fund managers have paid tribute to the influence and lessons of Warren Buffett on ‘The Sage of Omaha's' 80th birthday.
The Federal Reserve is prepared to take "unconventional measures" to prop up the US economic recovery, said Ben Bernanke in a speech today.
Markets reacted positively to the news the US had not slowed to the 1.4% expected in the second quarter.
The manager of Aviva's £1.6bn Corporate Bond fund has been reducing risk in the portfolio in the view bond markets will be affected by ongoing macroeconomic uncertainty.
OBSR has announced the shortlists for the Outstanding Fund Manager and Rising Talent awards, two of the four awards to be announced at the OBSR Honours Dinner on 9 September 2010.
Royal London group chief executive Mike Yardley is planning to step down to focus on helping the industry tackle future challenges.
Jupiter's Charlie Thomas has begun modifying his £41m Green investment trust since taking over the whole portfolio.
First State's Susie Rippingall believes Hong Kong could experience an economic boom if interest rates remain low in the US.