Europe

Adrian Bignell's decision to avoid financials and overweight small- and mid-cap stocks helped him beat his European sector peers over the last three years.

Investment management firms' EMD heads at odds after country sees bonds downgraded to junk status.

ON EUROPE

The fund has broader remit than similar ethical products, including oil and gas exposure

Eurozone leaders' failure to call for ECB intervention on the continent's debt crisis at a press conference yesterday caused the euro to fall to a seven week low against the dollar.

A dire German bond auction rocked markets overnight, with Japan's Nikkei index hitting its lowest level since April 2009 as fears deepened over the eurozone crisis.

EUROPE ON THE BRINK

The ABI has warned Europe's biggest banks they could face a debt buyers' strike, amid an increasingly bitter feud over controversial changes to their bonds.

Hungary has asked the International Monetary Fund (IMF) and the European Union (EU) for financial aid as its debt pile grows and its currency weakens.

Last week Italian ten-year bond yields surged to above 7%, but managers are urging investors to be cautious