Global

Jason Pidcock is the manager of the £907m Newton Asian Income fund, which ranks second in its peer group over three years. Here he picks his top five dividend-paying Asian stocks.

Greece's credit rating has been cut to the lowest level of any nation after Standard & Poor's warned that the danger of a default by the country has risen significantly.

The contest to lead the IMF has been thrown open after surprise candidate Stanley Fisher came forward to challenge Christine Lagarde and Agustin Carstens.

Multi-managers at OPM Fund Management are targeting funds in emerging markets and energy sectors in the recently-launched Worldwide Opportunities fund.

F&C Thames River's Kristof Bulkai is set to implement a number of short positions in China when his GEM Absolute Return fund launches on 22 June.

Emerging economies outstripping developed nations with the pace of their economic expansion must take more action to combat inflation or risk overheating, the influential World Bank has said.

St. James's Place is launching a global equity fund in a bid to diversify assets away from fund manager THS Partners, Investment Week understands.

The end of QE2 this month will have a limited impact on the global economic recovery, according to two senior economists at Schroders.

MENA: THEN AND NOW

Sarasin & Partners has added an ethical portfolio to its EquiSar range of thematic funds.