Equities

Fidelity's veteran manager Anthony Bolton has hit back at Aberdeen's head of equities Hugh Young, who says he is struggling to find quality, well-run companies on the Chinese mainland.

Thames River's multi-managers have been cutting exposure to ‘bubbly' Asia in favour of Europe as they tidy up the portfolios inherited from F&C.

PIMCO's Guillermo Osses has joined HSBC Global Asset Management as head of emerging markets debt portfolio management.

The US government needs to make a decision on whether to raise its debt limit to fend off rating agencies in the light of Japan's downgrade, according to OMAM's head of fixed income Stewart Cowley.

TIP OF THE WEEK

As the BRIC nations start to become more emerged than emerging, Castlestone's Arrash Zafari, examines the importance of having a truly diversified portfolio.

FUND MANAGER FOCUS

PIMCO bond guru Bill Gross has warned the debate on the US debt limit between Congress and Barack Obama's administration will cause treasuries to fall.

French President Nicolas Sarkozy has said France and Germany will never let the euro fail.

ON NORTH AMERICA