Anthony Bolton, Fidelity's star fund manager, decamped to Hong Kong last year to manage his firm's new China Special Situations fund investing in Chinese businesses... more
Pension consultants have been saying for years that investment managers add little to no value in mature, well-regulated markets. WM, the consultancy, proved the point at least 10 years ago and suggested further that this was equally true whether the asset manager claimed to be a generalist or a specialist... more
City Comment: It is still early days, but the LSE seems to have weathered the storm and seen off the challenge from rival automated trading platforms... more
A recent study by Baring Asset Management found that an astonishing number of British adults — more than four million — were seriously considering an investment in emerging markets in the next 12 months... more
Anxious times at JPMorgan's London offices. While their US boss Jamie Dimon has been hailed for his deft handling of the crunch and his firm not once posting a quarterly loss (unlike virtually every other big bank), the City HQ of JPMorgan has been in almost permanent upheaval for the last 12 months... more
Veteran fund manager Anthony Bolton of Fidelity today told investors the “bargain phase is over” but said it’s not too late to cash in on the bull run ... more
It's not getting any better for Oleg Deripaska. He’s already lost the bulk of his fortune - now the government of Montenegro is seeking to nationalise his giant aluminium plant because his workers haven’t been paid since February.. ... more
Hooray for Boris. Make the Mayor of London Prime Minister, no, King. For our hero seems to have faced down penny-pinching housebuilders to insist no more rabbit-hutch homes be built for sale in London
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The FTSE 100 was stuck close to 4000, down 1.72 at 3989.14 as the so-called Doctor Doom of the credit crunch said the recent strength of stockmarkets was not a rally in shares but a “bear market rally”... more
In almost any context, $1 trillion is a fabulous amount of money. When it comes to the latest American banking bailout, it barely scratches the surface, which shows the size of the mess in which that industry remains engulfed.... more
The economy might just be on the turn. Does this mean the PM, too, is set for another miracle recovery or is it just one of those short-lived bear-market rallies?... more
A great fanfare for Work and Pensions Secretary James Purnell’s declaration that the unemployed will be required to undertake some work. Er, haven’t we heard all this before?... more
It is a sign of how complex the financial world has become that when you get a sharp uptick in the market, as we have seen this week, it is bad news for so many of the players... more
It is one of the mysteries of the current City that we lack gurus. There’s Anthony Bolton, but after the former Fidelity manager we struggle to come up with names that make the financial community sit up and take notice... more
One of the City’s leading “chartists” revealed the 20% fall in the FTSE 100 this week has put it back to a level not seen since the great crash of 1987.
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Anxious times for those involved in the Crossrail project, where key funding documents remain unsigned and the downturn and falling property values have put major question marks against some of the calculations... more
Shares in Halifax and Bank of Scotland owner HBOS jumped another 14% amid growing conviction in the stock market that its £11.7 billion takeover by Lloyds TSB will happen... more
"Bull markets are born on pessimism... the time of maximum pessimism is the best time to buy." Thus Sir John Templeton, who died this week after proving another maxim, that an interest in markets is a fine way to longevity. He was 95, and one of the outstanding investors of the last century... more
"Bull markets are born on pessimism... the time of maximum pessimism is the best time to buy." Thus Sir John Templeton, who died this week after proving another maxim, that an interest in markets is a fine way to longevity. He was 95, and one of the outstanding investors of the last century... more
Should private shareholders in RBS part with their hard-earned cash by buying more shares and backing the bank's £12bn rights issue? Nick Goodway investigates...... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Tonight:
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