John Duffield's New Star investment trust has revealed a holding in the Fundsmith Equity fund, managed by City financier Terry Smith.

Stephen Corr, James Kinghorn, and Craig Bonthron have joined Scottish Widows Investment Partnership's international equities team, under the leadership of Mike McNaught-Davis.

Berkshire Hathaway's Warren Buffett has urged investors to overlook the "prophets of doom" on the US economy, and says now is the time to make significant new investments.

The oil price could surge to $220 a barrel and thwart the global economic recovery, according to Nomura.

J.P. Morgan Asset Management has launched the JPM Emerging Markets Currency Alpha fund, targeting a return of EUR cash plus 8%.

The Royal Bank of Scotland is planning to sell £1.6bn of legacy loans, marking the largest property loan sale of its kind in the UK.

William Littlewood, manager of the £798m Artemis Strategic Assets fund, explains why he is bearish on Japanese bonds but favours Asian currencies, and why he is not buying miners.

Artemis' William Littlewood is running a "significant" short on Japanese government bonds in the view they will be damaged by Japan's high public debt.

A raft of fund managers are taking profits in gold ahead of interest rate rises, while others argue the asset still offers long-term upside.

Neptune's Ted Alexander has moved from an underweight to a neutral position in energy in his £40m UK Equity fund since the end of last year.