Equities

ON EMERGING MARKETS

Market and economy seen as more distinct following the recent disaster

Manager adopts three-pronged strategy including focus on contrarian bets in EM Europe

Federal Reserve chairman Ben Bernanke has warned of a Lehman-style meltdown if the US Congress uses the national debt limit as a "bargaining chip", the BBC reports.

Markets across Europe fell at the start of trading as an earthquake measuring 5.1 on the Richter scale hit Spain and commodities were heavily sold off in the US.

Schroders has unveiled an ISF Euro Credit Duration Hedged fund for head of UK and European credit strategies Adam Cordery.

Schroders' head of US large-cap equities Jonathan Armitage is leaving the firm after almost two decades to return to Australia.

A third round of quantitative easing in the US would lead to the collapse of the dollar, M&G's Jim Leaviss has warned.

S&P has downgraded Greece's credit rating by two notches on default fears, while Moody's and Fitch are also preparing to cut its further, according to reports.

Polar Capital's financials manager John Yakas is shunning the troubled Southern European banking sector in favour of ‘more transparent' emerging European banks.