Apple's glory days are numbered and it will be impossible for the technology giant to sustain its meteoric pace of growth, according to Ben Rogoff, manager of the £412m Polar Capital Technology trust.

The US economy grew more slowly than expected in the second quarter, compounding fears the world's largest economy could be heading back into recession, the latest data has revealed.

Legg Mason Global Asset Management is set to add clean share classes to its fund range ahead of the retail distribution review.

The popularity of risk-rated funds has surged as RDR approaches and investors search for greater certainty in tough markets, but research has revealed vehicles sitting within the same risk grade can perform very differently.

Global markets sold off this morning as bullish sentiment over central bank moves showed signs of losing momentum.

Former Federal Reserve chairman Paul Volcker has hit out against plans to ring-fence UK banks, warning they will not be enough to protect British taxpayers from another financial crisis.

Canaccord Financial is set to acquire the wealth management arm of boutique private client investment management business Eden Financial, which has also put its asset management arm up for sale.

Wealth managers considering whether it is the right time to buy back into European equities are starting to take a closer look at European offerings that have been out of the spotlight in recent years.

Investment boutique Dalton Strategic Partners has expanded its multi-asset team with the appointment of a new manager.

The US Federal Reserve will push ahead with QE3 although it will make policymakers "look like fools again", said outspoken investor Jim Rogers.