Dalton Strategic Partnership has appointed former GLG fund manager Mark Greenhoff as senior analyst on the Melchior European equity team.

Pictet Asset Management has poached emerging market debt specialist Luke Chua from Schroders.

Allfunds Bank has appointed Danny Wynn, former platforms director at Legal & General, as head of fund groups for UK, Ireland and Middle East.

Asset under management in gold exchange-traded products (ETP) almost halved during 2013 as gold prices dived, driving investors out of the asset class.

Janet Yellen has been voted in by the US Senate to become the first woman to lead the Federal Reserve.

Japan's Nikkei index slid for the second day in a row on Tuesday, after weak economic data in the US made investors wary of taking on risk.

The Investment Management Association has moved 25 funds into the newly launched Global Emerging Markets Bond sector, which went live on 31 December.

Alken's Absolute Return Europe fund has seen inflows of nearly £700m since the start of the year as investors piled into absolute return products.

Swiss & Global Asset Management has launched the JB China Evolution fund for Jian Shi Cortesi.

Skagen has launched RDR-compliant clean share classes in the UK for its Kon-Tiki, Global and Vekst equity funds.