Europe

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

EMERGING MARKETS

Cazenove is planning to launch a European equity income fund for head of pan-European equities Chris Rice next year, as well as expand its bond fund range with a new portfolio for Peter Harvey.

ON EUROPE

Fixed income specialist says Portugal will soon be exposed as most unstable region.

FIXED INCOME

The worsening eurozone debt crisis is overshadowing more encouraging news from outside the region, including better than expected growth rates, said Darwin's David Jane.

LGIM's Ellis believes adopting European rules will help rectify any ambiguity regarding sector.

My base case scenario for Europe remains the same, although my confidence in this has reduced.