Canny investors should have heeded the "clear signal" to buy equities in December, as they are set to rise despite the threat of a bear market in bonds, said Investec's Max King.

Jupiter saw its funds under management climb 6% in the first quarter of the year, according to an interim management statement released today.

The latest addition to Schroders' bond team has been adding Spanish government bonds across several portfolios in the view Spain is too big to fail.

Tesco reported a rise in profits over 2011-2012 as the CEO pledged to renew focus on the UK business after the firm's first profit warning in 20 years.

The Italian government has dramatically cut its growth economic growth forecast for this year, according to an official document seen by Reuters.

Global markets were higher across the board today with gains in Europe followed by a strong start on Wall Street.

Several major European banks will do rights issues this year in a bid to downsize their balance sheets to meet Basel III requirements, said Neptune's Rob Burnett.

Greece has fallen out of a list of the top ten riskiest sovereign credits after restructuring its debt, but a number of other sovereigns are still at risk, new research has revealed.

Very few emerging market debt funds have performed consistently over the long term as managers fail to adapt to changing market conditions, according to Fitch Ratings.

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