Schroders has bolstered its fixed income team with the appointment of four emerging market debt managers.

Charles McKenzie, the head of fixed income, EMEA, for Aberdeen has joined J.P. Morgan Asset Management.

Schroders' head of UK equities Richard Buxton said the UK's much-feared double-dip recession is ‘irrelevant' and not cause for panic.

Premier has expanded its global equities team with the appointment of James Smith who joins from Utilico in June.

Eclectica's Hugh Hendry has warned investors taking big bets on China are in line for huge losses, while Asia will be the focal point for the next market crisis.

Claire McGuckin has joined Kames Capital's fixed income team as an investment manager working alongside Phil Miburn.

ECONOMICS

There were fiery exchanges at Barclays' AGM today, as shareholders grilled CEO Bob Diamond over his pay packet, the PPI mis-selling scandal, and the value of the bank's shares.

MAM Funds' Martin Gray (pictured) and James Sullivan, managers of the Miton Special Situations and Strategic portfolios, analyse key events in economies and markets in the first quarter of the year, and the outlook for a range of asset classes

Drugs giant GlaxoSmithKline saw a modest increase in group revenue in the first quarter of 2012 as growth in the US, emerging markets, Asia Pacific and Japan offset declines in Europe.