Equities

J.P. Morgan Asset Management's Alain Nsiona Defise has joined Pictet's fixed income team as head of emerging credit.

Internet search giant Google has become bigger than Microsoft in terms of market cap after its shares surged 30% in the last quarter.

ON EUROPE

EASTERN EUROPE

Emerging market corporates' interest in global brands can be a "real positive" for European companies now trading at takeover valuations, according to Franklin Templeton's Mark Mobius.

EMs

THE BIQ QUESTION

EUROPE

Michael Godfrey, co-manager of the M&G Global Emerging Markets and M&G Asian funds, has left to pursue other opportunities after eight years at the group.

Prudential has dropped funds including Richard Buxton's Schroder UK Alpha Plus fund from its Dynamic Portfolio range in a move to diversify UK equity risk.