Premier Asset Management is set to change the investment objective of several funds, including CIO Mike Jennings' £53m Premier Global Strategic Assets fund.

European Central Bank (ECB) President Mario Dragh has warned risks facing the eurozone will increase unless governments adopt a closer fiscal union.

PSigma's Bill Mott has shaped his portfolio for a multi-year period of anaemic growth, which will see markets seesaw as investors switch between risk on and risk off trades.

First State's star fund manager Angus Tulloch has warned the Chinese authorities will struggle to stop the country's GDP contracting as the repercussions from stimulus measures come home to roost.

IMA MANAGED SECTORS

PIMCO's Bill Gross, manager of the world's largest bond fund, has warned developed economies are set for sluggish growth and artificially low interest rates for a number of years, as they struggle to reduce their sky-high debt levels.

George Osborne has widened the investment universe for venture capital trusts (VCTs), removing the £1m investment limit per company rule, it was announced in today's Autumn Statement.

Chancellor George Osborne has unveiled a new enterprise investment scheme (EIS), giving investors 50% tax relief for investing in business start-ups.

The yield on 10-year Italian bonds has risen to 7.56% following the country's latest bond auction, which raised €7.5bn, just below its target.

Brooks Macdonald Asset Management has bolstered its UK equity capabilities with the hire of ex-New Star manager Toby Thompson.