Jupiter has recorded a £484m net inflow into its mutual fund range in the third quarter.

Billionaire investment guru Warren Buffett says buying Berkshire Hathaway was a $200bn blunder and his "dumbest" ever purchase.

RBC Wealth Management has reached an agreement to buy BlueBay Asset Management for £963m.

The Bank of England is likely to increase its quantitative easing programme by £100bn to aid the economy as the government cuts spending, the Centre for Economics and Business Research says.

Schroders head of UK equities Richard Buxton has called on providers to cull the number of "indifferent" products currently offered to the retail market in a bid to weed out consistent underperformers.

BlackRock's Richard Plackett has handed the management of his UK Smaller Companies fund to co-manager Ralph Cox.

High-profile hedge fund manager Crispin Odey is bringing his wealth management capability to the UK market.

Chancellor George Osborne is set to give the Bank of England the green light for more monetary stimulus to prevent the economy slipping back into recession.

Insurance giants Prudential and Standard Life are considering partial sales of their asset management arms.

The manager of an AIM-listed China trust - which is held by Fidelity's Anthony Bolton, Baillie Gifford and Henderson - is under investigation by the US regulator.