Equities

MAM Funds has hired Scottish Widows Investment Partnership's Nick Ford as part of a drive to expand its investment capabilities.

The European Central Bank(ECB) should launch an "unlimited" bond buying programme to help stem the eurozone debt crisis, according to the secretary-general of the OECD.

THE BIQ QUESTION

The Japanese government is being forced to consider suspending state spending as it emerged it could run out of cash within a month.

QE3

UK shares were making tentative moves higher in mid-morning trading, ahead of the Jackson Hole speech by Federal Reserve chairman Ben Bernanke later today, with other markets also rising.

AXA Investment Managers has shut its £5.5m AXA Framlington Talents fund because of its small size while Charles Firmin-Didot, the creator of the Talents strategies, has left the group.

Ex-Threadneedle manager Andrew Holliman has revamped his investment process since joining Polar Capital to run its US offering, taking a less conservative approach on the more focused portfolio.

Ex-GAM manager Mansfield Mok has revamped his investment strategy for the launch of EFG Asset Management's New Capital China Equity fund.

Barings' Khiem Do has said the chances of the Federal Reserve carrying out QE3 are remote, with economic indicators in the US still "reasonably strong" and by no means justifying further action.