Former BlackRock analyst Burstow to run new Global Mining offering for Barings, with mandate to invest in mining equities across cap scale.
The financial crisis engulfing the eurozone took a fresh twist on Friday after Standard & Poor's cut the credit rating on nine eurozone countries, including France's prized AAA, and Greece's debt talks collapsed without agreement.
A likely hard landing in China will bring the financial crisis of the past five years to a climax in 2012, a leading City strategist has warned.
Swiss National Bank chairman Philipp Hildebrand will receive a CHF900,000 (£615,000) payoff as he leaves the central bank following a scandal over his wife's currency trades.