China bought up to €400m of Spanish 10-year bonds last week as Asian investors returned to the peripheral eurozone markets.
Managers find returns in notoriously turbulent Japan sector, with Nathan Gibbs' Schroders Japan Alpha Plus fund outperforming in rising and falling markets
Bryan Collings' Hexam Capital has taken over majority control of its joint venture boutique with Ignis.
Fidelity will launch an income share class on Sam Morse's £3bn European fund, which will provide an estimated yield of 3.2%.
AXA Framlington's head of emerging markets William Calvert is leaving the group with managers Ming Kemp and Neil Denman.
BP has agreed to inform the US Government of any major business decision which could affect the future shape of the company following the Gulf of Mexico disaster.
Standard Chartered has told clients to prepare for a fall in property prices of up to 30% in large Chinese cities as the delayed effects of monetary tightening begin to bite.
Anthony Bolton's Fidelity China Special Situations trust is now fully invested as the manager expects a resumption of the bull market later in the year.