Japan came out of a recession last year after two consecutive quarters of negative growth.

The Confederation of British Industry (CBI) has upgraded its UK growth forecast in the face of low inflation and falling unemployment figures.

The Bank of England has said it is prepared to cut rates further and expand its quantitative easing programme should the current downward slide in inflation worsen materially.

L&G Investment Management has appointed Omar Saeed as a senior fixed income manager.

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Fund research and ratings group RSMR is now rating investment trusts in response to adviser demand.

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Brooks Macdonald Asset Management has appointed Vestra Wealth's Jim Mackie as an investment management director.

Growing concern over co-investor risk is leading some buyers to turn away from pooled vehicles entirely in a bid to reclaim control of their investments.

Graham Ashby former head of UK equities at Ignis Asset Management, has replaced Richard Moore as manager of two equity funds at Santander Asset Management.