The head of the International Monetary Fund (IMF) Christine Lagarde appeared before a French magistrate yesterday to face questioning over allegations of embezzlement and fraud.
Jupiter has promoted Mike Buhl-Nielsen to lead manager on its Europa fund as Stephen Pearson steps back to focus on his deputy chief investment officer responsibilities.
Allianz Global Investors has launched a high conviction European growth fund for Thorsten Winkelmann and Matthias Born.
Franklin Templeton Investments has appointed David Zahn to head its European fixed income team following an overhaul of its strategy in this area.
The International Monetary Fund (IMF) is expected to release a gloomier picture of the world economy this week, trimming its forecast for global growth this year by 0.1%.
Institutional investors are likely to keep their cash in fixed interest this year and may even top up their holdings, despite talk of a shift into equities, said HSBC Global Asset Management's product specialist, fixed income, Brian Dunnett.