Global

Schroders has added a retail sterling share class to its offshore Global Multi-Asset Income fund, opening it up to retail investors for the first time.

The European deleveraging process is five years behind that seen in the US and may obstruct a further rise in equity markets, according to Invesco Perpetual's Neil Woodford.

The International Monetary Fund (IMF) is expected to release a gloomier picture of the world economy this week, trimming its forecast for global growth this year by 0.1%.

ON ASIA EX JAPAN

Japan's currency has fallen to its lowest level against the US dollar since May 2009, as the Bank of Japan (BoJ) shifts to a more radical monetary easing policy.

PIMCO has launched an Inflation Strategy fund for Mihir Worah in response to the threat of rising inflation across the globe.

Jupiter is lining up a standalone global equity income vehicle after it was forced to shelve plans to convert its European Income fund into a global offering.

Investors searching for income have piled in to Europe's stash of dividend paying stocks over the past few years.

ON NORTH AMERICA

The Governor of the Bank of England has said the financial crisis is "far from over" as he joined fellow central bank chiefs including Ben Bernanke to discuss economic policy.