Thames River expects a raft of real estate investment trusts to float this year as Europe's banks look to establish listed vehicles or dispose of properties to Reit managers.

Invesco Perpetual has renamed its £1.21bn International Equity product as the Global Equity fund in a bid to bring improved clarity and consistency for investors.

Are hedge funds a blessing or a bogey-man for the world's capital markets? When it comes to emerging markets, the answer seems to be ‘it depends'.

The FTSE climbed 0.9%, or 49 points this morning, boosted by British Airways and mining stocks.

European leaders still fail to see how quickly the Greek debt crisis could spiral out of control, says Liontrust Asset Management's Simon Thorp.

The FTSE traded 56 points, or 1%, lower this morning at 5705.49 after a downbeat assessment of the US recovery from former Federal Reserve chairman Alan Greenspan.

Broker downgrades and companies going ex-dividend pulled the FTSE index 25 points, or 0.4% lower this morning.

Old Mutual's Stewart Cowley has increased exposure to corporate bonds from 15% to 25% this year in his Global Strategic Bond fund, focusing mainly on the lower end of investment grade.

Short selling was, perhaps surprisingly, most notable by its absence as shares in hedge fund manager Gartmore slid 31% mid-week.

Stock analysts are putting the thumb screws on Gartmore for more details on the suspension of star manager Guillaume Rambourg, as they caution shareholders of damage to the firm's franchise and assets.