J.P. Morgan's Austin Forey is upping his exposure to Indian equities despite admitting the region's poor performance had impacted the fund this year.

Luxury fashion brand Burberry jumped almost 10% this morning after it reported better than expected trading following its profit warning last month.

Goldman Sachs' internal investigation into allegations made by a former employee of a "toxic environment" within the bank has found little evidence to support the accusations.

Standard & Poor's has cut Spain's credit rating by two notches to one level above junk status, warning the government's policy options are limited as economic recession deepens.

Barclays has restructured its investment banking arm in an effort to cut costs and limit further reputational damage following the LIBOR scandal.

Joe Faraday and Tom Record have stepped down from their roles as co-managers on two Baillie Gifford Asian funds.

BlackRock's iShares has launched the first ETF to offer exposure to global AAA and AA rated government bond exposure.

US President Barack Obama and Republican challenger Mitt Romney locked horns over the economy last night in their first televised presidential debate.

The manager of the world's largest bond fund has pointed to the US, UK, Spain, France, Japan and Greece as serial debt addicts whose government borrowing is spiralling out of control.

Exchange Traded Product flows reached their highest monthly level in almost four years in September as investors piled into passives.