Anthony Bolton has told investors he has no regrets about taking on the Fidelity China Special Situations trust, despite a "disappointing" run of performance.
Invesco Perpetual's Neil Woodford has been awarded a CBE in the Queen's Birthday Honours List.
Shares in Royal Bank of Scotland dropped 7% at the start of today's trading session in London following news CEO Stephen Hester will step down later this year.
Japan's key Nikkei 225 index endured further sharp losses on Thursday, entering a bear market as investors sold Japanese shares ahead of an expected tapering of QE by the US Federal Reserve.
Sir Mervyn King chairs his last ever Monetary Policy Committee (MPC) meeting today, but will his parting gift be one last blast of the QE tap?
Investec Wealth & Investment's chief investment strategist Jim Wood-Smith has left the business.
Multi-asset managers have been moving back into property for the first time since the financial crisis, as higher income levels from the sector attract yield-hungry investors.
Henderson Global Investors has reopened its UK Absolute Return strategy, managed by ex-Gartmore duo Luke Newman and Ben Wallace.
Wealth manager Brewin Dolphin is planning a £40m capital raising through a share placing, as it sees pre-tax profits almost halve in the six months to March.
Cazenove has confirmed it is moving to stem flows into Julie Dean's UK Opportunities and offshore UK Equity fund as assets in the strategy approach £2.5bn.