US pension funds and other institutional investors have filed an amended complaint alleging "rampant nepotism" and "failed corporate governance" at News Corp in light of the ongoing British phone hacking scandal.
Sentiment among the US equity managers at Goldman Sachs Asset Management stands broadly in line with the bullish outlook for America's economy that Goldman's global investment research unit issued early this year.
Lazard Asset Management is planning a fund located in Ireland, based on the group's $500m multi-asset class emerging markets investment program, which has run in a US-based portfolio since mid-2009.
Despite last month's significant price movements in US treasuries, yields are still below the levels seen at the end of last year.
Managers are increasing their bets against the euro and forecasting falls of up to 20% in the single currency, even as the ECB continues to tighten monetary policy.
The FTSE has plunged into negative territory after disappointing US jobs data reignited fears over the economic recovery.
Martin Currie is to launch a global emerging markets fund as it moves the rest of its SICAV range to UCITS IV.
The European Central Bank has hiked its benchmark interest rate to 1.5% as expected.