Global

Jenny Cosgrave talks to three wealth managers about their top fund picks.

J.P. Morgan Asset Management(JPMAM) has expanded its multi-asset fund range with the launch of a macro fund for James Elliot, who took over as head of the division in December.

Saracen is to merge its Global Income & Growth fund with the SMT Saracen Global Equity Income fund.

JO Hambro Capital Management (JOHCM) has outlined plans to launch a global ex US small-cap equities strategy for new hire Robert Cresci.

Legg Mason has appointed Joseph Sullivan president and permanent chief executive, after he served four months as interim chief executive.

Attempts by the world's seven major economies to calm the growing tensions over exchange rates triggered by the weakening yen have failed, as currency markets suffered a second day of volatility.

AFRICA

CHINA'S YEAR OF THE SNAKE

THE BIQ QUESTION

ON NORTH AMERICA