Global

European markets were well into positive territory in afternoon trading, lifted by Spanish bailout talk, while in the US, Apple's latest iPhone sent its shares up to a new peak.

MAM Funds' Martin Gray is eyeing developed market government bonds with a view to reinvesting in the asset class, after taking profits over the summer.

Standard Life Investments (SLI) has promoted Mikhail Zverev to the role of head of global equities.

CHINA

Markets were subdued in afternoon trading as fears over China, coupled with instability in the Middle East, weighed on investor sentiment.

THE BIQ QUESTION

Investment boutique Dominion Fund Management has launched a global trends product, designed to capitalise on the growth of ten specific global sectors.

Global equities manager Wes McCoy has rejoined Standard Life Investments after taking a break from the industry.

Baring Asset Management is to launch a China Bond fund providing investors with exposure to the country's previously restricted fixed interest markets, as demand for new ways to play the Chinese growth story continues to build.

The managers of the Kennox Strategic Value fund have moved to add several new holdings to their concentrated portfolio in a bid to take advantage of market volatility.