Axa Investment Managers has confirmed the departure of Anja Balfour, manager of the Axa Framlington Japan fund.

Scottish Widows Investment Partnership (Swip) has promoted Andrew Tunks to investment director for fixed income.

Cazenove's Julie Dean is bringing the UK Dynamic portfolio she inherited last month from Neil Pegrum into line with her large-cap biased UK Opportunities ahead of a merger of the funds.

Majedie Asset Management's Adam Parker is standing by a weighting in miners almost double the FTSE All Share despite Australia's proposed supertax on miners' profits hitting the sector.

Investors must increase their focus on top-down macroeconomic research as sovereign risk intensifies, Credit Suisse has warned.

Janus Capital Management's Global Research Growth strategy celebrated its fifth birthday last week by beating its benchmark using an analyst-driven approach.

GAM is preparing to soft-close two of its most recently launched funds, Star Global Rates and Star Discretionary FX.

Quality Capital Management (QCM) is pushing into the retail market with the launch of a Ucits III version of its managed futures hedge fund.

So what do out of work MPs do now? Get a job in financial markets?

The FTSE was flat in early trading this morning at 5345.24 points as Europe's markets regained some composure after going into temporary freefall over the past two days.