Environmental investment specialist Foresight is hoping to raise £40m for the launch of its new Solar VCT.

HSBC has launched its GIF European Alpha Equity fund with its largest short exposure to the materials sector, including miners, which the manager thinks are overvalued.

The UK Government has set out its plans for a proposed bank levy which it hopes will raise £2.5bn annually.

The board of George Luckraft's Framlington Innovative Growth trust is seeking shareholder approval to change its investment strategy.

HSBC has launched an ETF tracking the Brazilian stock market.

BP shares have bounced back to 400p after soaring 10% on weekend reports it could face a takeover bid from ExxonMobil.

Barings' head of Asia Pacific investments has left the firm as it continues to restructure its Asian business.

The manager of the Marlborough UK Leading Companies fund has upped his exposure to companies poised to benefit from growing emerging market demand for power.

The manager of the £1.6bn HSBC GIF Brazil Equity fund plans to introduce property into the portfolio when the outlook for inflation improves.

J.P. Morgan's global equities specialist Jeroen Huysinga has been rotating out of mid-cap stocks and into large caps on valuation grounds.