AXA Investment Managers has confirmed plans for a global strategic bond fund for fixed income manager Nick Hayes.

Malta-domiciled fund returned 81.42% over three years by tapping into burgeoning luxury brand market, with focus on EMs.

Swiss investment bank UBS has warned the UK will lose the "safe haven" status it has enjoyed this year as the US attracts more investors.

The International Monetary Fund (IMF) has sounded a warning over the state of China's financial system.

Thomas Moore has been appointed co-manager of Standard Life Investments £107m Equity Income Trust alongside Karen Robertson, ahead of a move to make him lead manager next year.

GLG has launched a Strategic Bond fund for Christophe Akel, who also runs the group's Global Corporate Bond fund.

Rathbone Unit Trust Management is preparing to add another product to its multi-asset range for David Coombs to appeal to the at-retirement market, Investment Week understands.

Aberdeen Asset Management is preparing a global small-cap equities fund for Stephen Docherty, Investment Week understands.

Scottish Widows Investment Partnership's (SWIP) £1.1bn Sterling Credit Advantage fund, managed by Roger Webb, has been moved into the Specialist sector with immediate effect.

US treasury secretary Timothy Geithner has urged Asia-Pacific countries to ramp up their efforts to restore growth in the global economy.