BlackRock's Alister Hibbert discusses what is next for European Equities and gives an update on the BLK European Dynamic Fund
Speculation Portugal is facing an imminent bailout was fuelled this morning as the European Central Bank was forced to buy the country's government bonds.
Portugal will need a bailout in 2011, but the future of the eurozone will depend on the fate of Spain, Italy and Belgium, says MAM Funds' Martin Gray.
PIIGS STILL A CONCERN FOR EURO CREDIT
Henderson is to merge away both its UK and European Opportunities funds as part of its rationalisation programme following the acquisition of New Star.
The euro has fallen against the dollar amid renewed debt fears in the region as the yield on Portugal's treasury bill sale climbed to nearly double that of its last issuance.
JO Hambro Capital Management has hired a pair of former Thames River European fund managers to launch a dynamic fund next month.