Europe

Franklin Templeton's Mike Clements has more than halved the size of the Franklin European Opportunities fund as he takes over management of the portfolio.

Hedge fund manager John Paulson is backing a turnaround in the Greek economy by taking positions in some of the country's largest banks.

A simple typographical error boosted Spain's 2014 public debt forecast by €10bn (£8.4bn), the government has admitted.

Henderson retail fixed income head John Pattullo is favouring core companies in core countries across Europe to provide thematic bond investing in a low inflation environment, alongside opportunities in the US.

ON EUROPE

Aberdeen Asset Management is launching two bond funds for its Luxembourg range and an institutional property fund investing in European real estate.

Investors were able to enjoy their summer holiday this year without losing too much sleep.

German Chancellor Angela Merkel will still be looking for coalition partners, despite being on course to celebrate the strongest election result since Helmut Kohl's post-reunification victory of 1990.

GERMAN ELECTION

EUROPE