Equities

2014 OUTLOOK

BlackRock has defended head of European equities Nigel Bolton after Italian regulator Consob launched legal proceedings against him.

The US added far fewer jobs than expected in December, according to latest payroll data, with the disappointing numbers partially blamed on bad weather.

Investors looking at asset managers' shares should be buying into Jupiter, Schroders and Aberdeen this year, as major acquisitions and RDR continue to benefit the three businesses, according to JPM Cazenove analysts.

Majedie Asset Management has hired former Baillie Gifford fund manager Tom Record to lead the development of a long-only global equity offering.

Carolyn Bell has joined Kames Capital's international equities team as the group bolsters its US equity capabilities.

Mario Draghi, the head of the European Central Bank (ECB), has said the country is not facing a Japanese-style deflationary spiral despite recent data showing inflation is sliding.

Dalton Strategic Partnership has appointed former GLG fund manager Mark Greenhoff as senior analyst on the Melchior European equity team.

The Federal Reserve saw jobs growth in the US as the trigger to begin tapering QE, and has raised its economic growth forecast, the minutes of the last Federal Open Market Committee (FOMC) meeting reveal.

Analysts at Canaccord Genuity have raised their price target for Aberdeen Asset Management by more than 10% following its deal to buy Scottish Widows Investment Partnership (SWIP).