Tim Bond, the former head of global asset allocation at Barclays Capital, is joining Odey Asset Management.

M&G's Richard Woolnough has dismissed growing concerns of a bubble in corporate bond markets, saying credit is still priced for a recessionary environment.

The founder of Long-Term Capital Management, who oversaw the worst failure in hedge fund history, is returning to the market.

Eclectica founder Hugh Hendry has initiated a substantial short position in Japanese credit, on expectations of a sharp correction in the Chinese growth story.

Sector specialist Polar Capital plans to launch an emerging markets fund next month for its recently-hired trio from Axa Framlington.

Some of the largest real estate managers are backing the launch of the UK's first property derivatives fund.

Henderson Global Financials manager Emily Adderson has reintroduced a short position on European banks and boosted cash on expectations of near-term pressure for the sector.

Thames River multi-managers Gary Potter and Rob Burdett are set to become one of the first investors in Nick Purves and Ian Lance's new RWC income products.

Wall Street saw its strongest September since 1939 despite lingering concerns over US economic growth.

The SEC has charged two employees of Boston-based State Street with misleading investors over exposure to sub-prime debt.