Equities

AXA IM manager Julian Thompson has questioned the findings of a McKinsey study which suggests a ‘funding gap' may reshape global markets over the next decade.

India's central bank has cut interest rates for the first time in three years in an attempt to boost growth.

ITs

M&A

ON EUROPE

The US economy risks being in a state of gridlock for the crucial last few weeks of the year, irrespective of who wins the November election, according to a leading independent American political analyst.

THE BIG QUESTION

SPAIN

J.P. Morgan Chase, the US banking giant based in New York, saw profits fall 3.1% overall in Q1, but still beat analysts' forecasts.

Kames Capital has moved its Inflation Linked fund into the IMA's Mixed Investment 0-35% Shares sector.