Equities

While it is too early to be confident in the timing of an economic recovery in Japan, there are at least some signs that the situation is improving significantly.

Guernsey-based investment house, London & Stamford Property (LSP), will place 215 million new shares in order to raise £225.8m, it announced today.

A number of risks still remain on the European Continent but high yielding stocks, left behind by the recent bounce, will provide opportunities says Newton's Tom Beevers.

Managing Partners Limited (MPL) has launched the first income share class in its Traded Policies Fund, giving investors an income of 5% per annum.

Barclays is expected to increase its Asia Pacific staff numbers in its investment banking and private bank arms by around 5%, according to reports.

Veritas Asset Management has appointed Raymond Foo as a senior analyst on its Asia team to work alongside head of Asia long-only and long/short funds Ezra Sun.

Ashburton is seeking alpha through recession-friendly consumer buys such as sausages, in its European Equity fund.

Fidelity's Ian Spreadbury has reduced the gilt position to his lowest-ever allocation on FIF Sterling Bond fund, taking it to 22%.

Asset management group Neuberger Berman is re-branding its Dublin-domiciled mutual funds business following its employee-led buyout from Lehman Brothers in May.