Old Mutual is believed the ‘major investor' backing the consortium on the brink of taking over troubled Premier League club Portsmouth.
Warren Buffett received a $100,000 salary as Berkshire Hathaway chairman for the 29th straight year in 2009, but paid back the company $50,000 to cover stamps and phone calls.
Threadneedle is considering an expansion of its absolute return range in the coming months, with the possible launch of a long/short fund focused on US equities.
The US and the UK have moved "substantially" closer to losing their AAA credit ratings as the cost of servicing their debt rose, according to Moody's Investors Service.
Scottish Widows Investment Partnership is in exclusive talks to acquire property from BAA Airports.
Royal London's Andrea Williams has begun reducing her fund's exposure to banks in favour of insurance companies.
Small-cap IPOs have been very competitively valued according to the Ignis Smaller Companies fund manager
FTSE Group has unveiled an index series designed to provide active returns based on components in its All-World index range.
Foreign & Colonial's Jeremy Tigue is expecting equity bull run to support private equity valuations in 2010
While managers may agree on the shape of the recovery in many countries, the shape for the US is less clear