GLG co-founder Pierre Lagrange has outlined how the ECB could solve the sovereign debt crisis without resorting to eurobonds.

Aberdeen Asset Management's head of North American equities Paul Atkinson is backing US blue chips over cyclicals to deliver dividend growth ahead of the market.

Old Mutual's Paul Feeney has been handed wider responsibility at the group after being appointed CEO of the wealth management division.

Since its creation in 2008, the absolute return sector has been a bone of contention for intermediaries.

A wide-ranging report from the Centre for Policy Studies has called on fund managers to provide an estimated annual return figure for clients to improve transparency.

Skandia Investment Group (SIG) has handed US firm Wellington Management a £52m mandate within Francois Zagame's £1bn Skandia Global Dynamic Equity fund.

Fidelity's Ian Spreadbury has said he is short German interest rate risk in the view that the eventual move towards a 'eurobond' solution will cause yields to rise.

US and Asian markets retreated overnight as optimism over the Spanish bailout fizzled out, to be replaced once again by contagion fears.

Troy Asset Management is poised to take over two closed-ended UK growth and income trusts which are set to be merged into Francis Brooke's £81m Troy Income & Growth trust.

ENGLAND VS FRANCE