Guillaume Rambourg, the European equity manager under FSA investigation, has resigned from Gartmore.

Investec Asset Management, which runs $5.3bn in active currency funds, has warned the dollar could face a sharp correction this year due to reluctance in the US to embrace fiscal tightening.

Alex Illingworth, the former manager Insight Evergreen fund manager, has joined the global equity team at Mirabaud Investment Management.

Mike Riddell, a member of the highly-regarded M&G bond team, highlights the worrying aspects of June's inflation 'fall'.

Bank of England inflation hawk Andrew Sentance believes policymakers should start gradually raising interest rates on improving economic conditions.

A US senator has stepped up the political attacks on BP, this time calling for an investigation into its Libyan interests and connecting the group with the deal to free the Lockerbie bomber.

Pimco, the world's biggest bond manager, has turned bullish on UK government debt, just six months after it warned gilts were resting "on a bed of nitroglycerin".

Aegon has named former ABN Amro AM chief and ex-Artemis director Sarah Russell as the new CEO of its asset management business.

China bought up to €400m of Spanish 10-year bonds last week as Asian investors returned to the peripheral eurozone markets.

China's leading credit rating agency has stripped the AAA ratings from the UK, US, Germany and France, accusing competitors in the developed world of a bias to the West.