Equities

RATE HIKES IN EUROZONE COULD BE 'DISASTROUS'

The renminbi is poised to replace the yen as a global reserve currency within the next decade, says Franklin Templeton's Mark Mobius.

HSBC Global Asset Management has named Andy Clark as head of wholesale for EMEA, a role created as part of the bank's move to grow across the region.

Skandia Investment Group (SIG) has launched the Skandia Asian Equity fund for high conviction asset manager MIR.

Schroders has launched a high conviction European equities fund for head of European equities Rory Bateman.

US stocks closed lower on Friday despite a strong labour market report for February, as the oil price continued to rise, driven by continuing turmoil in Libya.

Schroders is to hard-close its US Mid Cap fund due to soaring inflows.

Emerging market debt investors are shunning low yielding regions in anticipation of a further rise in treasury yields this year.

We are living through a phase when investors say they like Western shares and dislike emerging market shares.

Mark Pignatelli employs a half-and-half strategy on Smith & Williamson European Growth fund, combing through 1,300-stock universe