The wealth arm of Barclays has scrapped plans to charge fund groups an administration fee when their products are recommended for private client portfolios.

A US equity fund targeting the Japanese retail market has seen one of the largest subscriptions ever as domestic investors pile into overseas stocks on fears over the yen.

Managers are setting up portfolios for a pull-back in equity markets, looking at put options and moving more defensive as several indicators post sell signals.

Warren Buffett's Berkshire Hathaway has agreed to buy Heinz for $23bn, a 20% premium to yesterday's closing share price.

Demand for ‘safe havens' starts to decline as outlook for developed economies improves.

First State Investments is to launch a local currency emerging market debt fund to sit alongside its existing hard currency OEIC.

Investors have been trading equities en masse, according to the latest data from BlackRock, with 94% of a record $262.7bn of flows accounted for by the asset class last month.

The Bank of England's Monetary Policy Committee (MPC) has said inflation may remain above the 2% target for the next two years, in part due to sterling weakness.

Henderson has hired a team of US credit specialists with a view to building out its offshore US product range.

British banks that fail to separate their retail banking from their riskier investment banking arms may be forcibly dismantled, Chancellor George Osborne will say later today.