The CEO of Credit Suisse hopes to begin issuing billions of dollars in contingent-capital bonds in the next year to strengthen the bank's balance sheet ahead of ahead of Basel III, the Financial Times reports.

Neptune CEO Robin Geffen has dismissed fears China is overheating, but warns there is a bubble forming in bond markets.

Neptune's head of US equities Felix Wintle is preparing to increase exposure to financials in his US Opportunities fund, which has had a long-term underweight to the sector.

Skandia Investment Group (SIG) has cut an £8m mandate run by Gartmore's Ben Wallace from its £62m UK Strategic Best Ideas fund, pointing to "disappointing" returns.

J.P. Morgan launched its thematic Global Consumer Trends fund in April 2008 as a way for investors to gain direct access to the consumer growth story and changing consumption patterns across the world.

US markets closed 1% ahead yesterday on a buoyant day for global shares as fears around the European sovereign debt crisis eased.

Skandia Investment Group's François Zagamé is keeping his conviction in Gartmore's Chris Palmer, retaining an £80m mandate with the manager within his £1bn Global Dynamic Equity fund.

The Federal Reserve may pump as much as $1trillion into the US economy in a third wave of quantitative easing, said Standard Life Investments' global investment strategist Richard Batty.

Standard & Poor's has downgraded Ireland's long-term sovereign credit rating from A to AA- as the country prepares to accept an EU bailout.

BlackRock's Daniel McKernan has joined Scottish Widows Investment Partnership (Swip) as head of European and UK credit within the fixed income team.