Allianz Global Investors has appointed Greg Saichin as head of global emerging market debt, following his resignation from Pioneer Investments on Friday.
UK dividend payments hit a new record high in Q2, with PLCs paying out a total of £25.3bn to investors, but slowing profit growth means full-year dividends are expected to drop year-on-year.
The UK government is considering divesting £5bn of its stake in Lloyds Banking Group as early as September this year, according to reports.
Kenneth Orchard, portfolio manager for European fixed income at T Rowe Price, has revisited eight key themes he identified at the beginning of the year as ones to watch for investors.
The Abu Dhabi Sheikh who became the second largest shareholder in Barclays at the height of the credit crisis has sold his entire stake, making a huge profit.