George Soros

Combined earnings of $12bn

May face 'legal consequences'

Following China market falls

Withdrawn after just one year

Billionaire investor George Soros is finally retiring from fund management at the age of 84 to focus on political philanthropy.

George Soros has sold down all his gold holdings and has stocked up on unloved retailer JC Penney, nutrition supplement firm Herbalife, and tech giant Apple.

George Soros has reportedly made £40m in a day through a short position on the Australian dollar.

Jim Leaviss, head of retail fixed income at M&G, has removed his short position on the yen in his £688m Global Macro Bond fund following the dramatic sell-off in the Japanese currency.

Lord Adair Turner, chairman of the now-disbanded Financial Services Authority (FSA), has joined the economics thinktank founded by billionaire George Soros.

Gold has suffered the longest run of monthly falls since 1997 after the metal declined for the fifth month in a row in February.