The Woodford effect

Martin Currie's Andy Graham has warned that Indian assets have been overbought, adding an expected increase in profits is unlikely to filter through to investors in the near future.

J.P. Morgan Asset Management (JPMAM) has launched a Global Capital Structure Opportunities fund that will invest across equities, bonds and convertible bonds.

T Rowe Price's Luis Faňanas has joined J.O. Hambro Capital Management ahead of the launch of a new European Concentrated Value fund later this month.

Lloyds Banking Group is finally beginning to look attractive again for income managers as it restarts dividend payments for the first time since the crisis.

Carmignac Gestion's head of emerging equities Simon Pickard has left the business to pursue "personal projects".

Retail fund sales tumbled last month in a reversal of the strong inflows seen in 2014, according to the latest Investment Association (IA) figures.

Greece has submitted a range of reforms to its European creditors in an attempt to extend its bailout programme.

Two natural resources managers have said commodity-related equities have now reached a floor following several months of falls.

Hedge fund manager Man Group has agreed to acquire fund boutique NewSmith for an undisclosed sum.