Europe

Schroders has proposed to change its Schroder UK Absolute Target fund to a pan-European vehicle, as well as introducing a hurdle rate for the fund's performance fee.

Rob Burnett's decision to retain a contrarian position to peripheral banks in his Neptune European Opportunities fund has dragged on performance in recent years.

German five-year government debt sold at a negative yield for the first time in history on Wednesday as borrowing costs and inflation in the eurozone continue to fall.

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No identity: Greek woes still hinder Europe

Talks between eurozone finance ministers on the future of Greece's bailout have come to a dead end, heightening fears of further market turmoil in case Greece is left with no European support.

Top-performing European equity manager Oliver Kelton is to join Odey Asset Management.

Germany has said it is willing to compromise with Greece on the terms of repaying its bailout debt.

Greece's new left-wing government is pushing for a revision of its EU bailout terms, drawing up a new 10-point plan to replace the existing deal.