JO Hambro Capital Management's Paul Wild has urged investors not to give up on Europe as a "grand plan" is on its way.

Sridhar Chandrasekharan has been promoted to chief executive of HSBC Global Asset Management as former boss John Flint moves to a senior role in the wider group.

China's tightened monetary policy appears to be having the desired effect on inflation as figures for last month showed CPI dipped to 6.1% in September.

Zimbabwean investment company Masawara, which is backed by Neil Woodford in the £18.6bn Invesco Perpetual income funds, has raised $50m towards its capital target since IPO last year.

Barings' head of Asian equities Colin Ng is rotating his portfolio away from industrials and petro-chemical stocks that took a hit in the summer sell-off, and has been adding to banks.

RBS chief executive Stephen Hester has warned if the UK economic recovery is weaker than expected, the bank's results will suffer, a week on from renewed bailout fears for RBS.

JO Hambro Capital Management's new Asian fund manager has said high profile fund managers caught out by accountancy fraud by some of China's smaller companies were not to blame as the problems can be so difficult to spot.

Troy Asset Management's Sebastian Lyon continues to back gold despite a sharp correction in the asset class in September.

Invesco's John Greenwood has warned further QE in the UK is unlikely to lead to a rebound in economic growth as he said there was "no quick fix" to the country's economic woes.

Prime minister David Cameron has appealed for Britain to emulate the optimism seen in emerging economies such as China and India instead of being overwhelmed by the onslaught of negative data.