Fidelity has added a sterling share class to its Luxembourg-domiciled Emerging Asia fund.

The Lloyds Banking Group has returned to profitability after posting a £1.6bn before tax profit in the first half of the year.

Henderson chief economist Simon Ward questions whether monetary tightening and fiscal cutbacks could send the global economy into a ‘double dip' recession.

BNY Mellon has launched a Dublin-domiciled version of James Harries' Newton Global Equity Higher Income fund - offering sterling, dollar and euro denominated share classes.

BlackRock veteran Bob Doll predicts the US stock market could achieve annualised returns of 8% over the next decade.

Nationalised lender Northern Rock has returned to profit in the first half of the year.

Andrew Christian, the head of Hargreaves Lansdown's Vantage platform, has resigned from the group with immediate effect.

Invesco Perpetual star manager Neil Woodford has committed $25m to a AIM-listed vehicle which will make investments in troubled African nation Zimbabwe.

Alan Greenspan, the former chairman of the Federal Reserve, believes the US economy still faces the threat of the dreaded double dip recession.

Former New Star fund manager Patrick Evershed can proceed with a lawsuit over claims he was bullied by company founder John Duffield, a London court said.