Announcing a haircut on Greek bond holdings would help restore a positive mood to bond markets, which have largely priced in such a move, said DWS Investments' CIO Asoka Wöhrmann.
Jim O'Neill, the chairman of Goldman Sachs Asset Management, is eyeing China and Russia as the most attractive BRIC countries while shunning "expensive" India.
It has been fashionable for many months to claim China and the emerging market countries have outgrown their strength.
Polar Capital's £357m Technology Trust's net asset value jumped 17% over the past year, prompting the trust to rake in its first performance fee for ten years.
Newton's Raj Shant has handed over the European Higher Income Fund to his colleague Fred Moore.
The EU and IMF have reached a deal on Greece which should prevent a default, but will involve a new round of austerity measures for the beleaguered nation.