Lazard has hired former Henderson manager Léopold Arminjon to run a new European equities strategy.
The FTSE 100 has fallen to a five-month low in early trading as investors continue to worry about the resolution of latest Greek debt talks.
Simon Cordery, head of investor relations and business development, investment trusts at F&C Investments, explores the extent to which market sentiment can affect trusts.
Investors should be turning their attention to small-cap stocks, instead of their larger counterparts, to play the export-led recovery in Europe, according to S.W. Mitchell Capital's Jamie Carter.
Odey Asset Management is to pass its £217m Continental European fund to ex-Waverton manager Oliver Kelton.
Greece has missed its scheduled payment to the International Monetary Fund (IMF), announcing it will bundle debt due into a single figure at the end of the month instead.