Equities

JAPAN

ASEAN

Goldman Sachs and Morgan Stanley have downgraded a number of asset management firms on fears some fund groups will see net outflows for the second quarter of this year.

Fund managers have identified a buying opportunity for Lloyds Banking Group shares, following Chancellor George Osborne's announcement the government will start selling off its 39% stake in the bank.

The FTSE 100 has halted its two-day slide as investors buy back into equities following yesterday's sharp sell-off, with Lloyds and other financials leading the pack.

Fidelity's Anthony Bolton has blamed US-listed Chinese firms for the poor performance of his Fidelity China Special Situations trust, on top of a falling market.

Royal London Asset Management's Martin Cholwill is backing wealth managers to outperform in the financial services space as he looks for stocks set to benefit from ‘survivor bias'.

A lack of growth in global productivity is even more of a worry than the impact of rising interest rates, according to Hermes Sourcecap CEO Andrew Parry.

ON JAPAN

UK banks need to raise billions more in capital to cover their risks, the regulator has said.