Japan could be the next economy to default as its debt levels are unsustainable, according to Roger Webb, investment director on the credit team at Scottish Widows Investment Partnership (SWIP).

Kames Capital has hired Scott Fleming as fund manager on its fixed income team to focus on exotic bond analysis.

Albemarle Street Partners has compiled a buy list of 100 funds using its new screening tool ‘Alpha Quest', creating a rival to popular lists of funds already in the market.

Scott Jamieson, head of multi-asset investing at Kames Capital, is running his highest ever allocation to the US dollar in the view it could appreciate as much as 20%-25%.

Scottish Widows Investment Partnership's Daniel McKernan is to join Standard Life Investments as head of sterling investment grade credit.

Nigel Bolton, head of the BlackRock European equity team, has picked his winners from among Europe's unloved sectors as equity valuations fall to '100-year lows'.

Insight Investment has launched the Insight Buy and Maintain Bond fund for Adam Mossakowski, aiming to provide diversified exposure to global corporate bonds.

Wall Street extended losses on Wednesday as fears deepened that the Federal Reserve will pull back its quantitative easing programme.

Austrian fund manager Raiffeisen Capital Management has introduced sterling share classes on three of its emerging market equity funds.

Justin Onuekwusi,lead fund manager on Aviva Investors' multi-asset funds, is to exit the firm.