Man Group saw $2.6bn of net outflows during the first half of the year, largely driven by redemptions from the group's long-only portfolios including GLG's Japan CoreAlpha strategy, but performance fees helped profits jump 89%.

M&G Recovery fund manager Tom Dobell has said improved stock selection is helping his £4.5bn portfolio regain its poise this year following a period of significant underperformance.

HSBC is facing ejection from the FTSE 100 if it goes ahead with plans to return its headquarters to Hong Kong.

Kames Capital's Martin Davis has called upon the ten largest asset managers in the UK to come to a joint agreement on the best way to articulate fund fees to investors.

Neuberger Berman's Jon Jonsson (pictured), senior portfolio manager of the $155m Global Bond Absolute Return fund explains why he has not reduced his short position in German bunds despite the recent sell-off.

Invesco Perpetual's fixed income team have said the sector faces "strong headwinds" for some time as summer volatility returns, and markets anticipate interest rate hikes.

Greek banks could open for the first time in weeks as the nation's parliament passed through the fresh austerity measures required to secure a €86bn bailout package from the eurozone.

Invesco has appointed Asia Pacific fixed income CIO Ken Hu as manager of the fixed income portion of its $1.1bn Invesco Asia Balanced fund, following the departure of manager Frankie Tai.

Inflation falling back to zero should lead to a further boost in consumer spending throughout the rest of the year, according to industry commentators.

Housebuilders' shares have taken a dive in early afternoon trading after Bank of England governor Mark Carney said a hike in interest rates is "moving closer".