hedge fund

Corrado Abbattista of now-dissolved Fenician Capital Management

Political uncertainty causing concerns

Acquisition could hurt overall sale potential

Active risk budgeting

'Hindsight will have a field day'

A firm marketing hedge fund and pay day loan investments to the general public has bowed to pressure from financial advisers and pledged to overhaul its website after concerns the language it uses sets out to deceive potential investors.

Billionaire investor Warren Buffett looks set to win a $1m bet that the humble index tracker will produce better returns than a complex hedge fund.

Barclays and Royal Bank of Scotland will have to find billions of pounds more capital if they are to continue growing their investment banks under new rules designed to protect against the higher risks of "casino" banking, says The Telegraph.

The G20 summit in London yesterday ended with a $1trn plan to revive the global economy, including reforms of the IMF and stricter regulation of financial sectors.

Citigroup Inc. is in talks with federal officials that could result in the U.S. government substantially expanding its ownership of the struggling bank, according to people familiar with the situation, according to the Wall Street Journal .