Economics

BlackRock has poached seven emerging market debt managers from BNP Paribas Investment Partners.

An 11-year-old boy has been highly commended for his imaginative entry to a competition to find a credible plan for a euro exit.

The Malaysian branch of CIMB bank has snapped up the Royal Bank of Scotland's Asia Pacific units as the bank makes further moves to streamline operations.

The improving strength of the UK's manufacturing and services sectors should ensure the economy avoids a double-dip recession, said the British Chambers of Commerce.

The FTSE 100 has traded flat at the open after gaining 1.9% yesterday - a day which also saw leading US indices reach their highest levels in four years.

Consistent outperformance is rare among UK retail funds, with only a handful remaining in the top quartile over five- and ten-year periods, research by Scottish Widows Investment Partnership (SWIP) has found.

Aberdeen Asset Management CEO Martin Gilbert has sold £771,000 worth of his shares in the company in a bid to bolster Aberdeen portfolios.

The FTSE 100 has put on over 100 points in the first session of the quarter after US ISM manufacturing data beat forecasts and bolstered sentiment.

Jeremy Soutter, the global head of products at Aviva Investors, has left the firm following a restructure.

Nearly half of investment managers see merger & acquisitions as the best route for growth as senior figures become more optimistic about the economy, a KPMG Investment Management survey found.