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The acting managing director of the IMF said the institution will continue to function effectively following the resignation of Dominique Strauss-Kahn.

Japan's economy plunging back into recession, the head of the IMF quitting over sex crime allegations' and Lloyds Banking Group shareholders venting their anger over executive pay... here are today's top stories.

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First State's Renzo Casarotto says equity returns from agricultural stocks over the long term should compensate for volatility in the sector.

Indian private equity group ICICI Venture is launching an Indian OEIC this July, aimed at UK investors.

Nick Mustoe, chief investment officer at Invesco Perpetual, says attention has now shifted from global tensions to optimism about the US economic recovery.

Tim Schuler, an investment strategist at Legg Mason affiliate Permal, asks what impact the dramatic events of the first quarter will have on global economic growth.

Alliance Trust Asset Management is planning to launch a global equity income fund later this year as it looks to expand its retail product offering.

Skandia Investment Group has removed the Asian mandate within its £312m Global Best Ideas fund from Treasury Asia Asset Management's Peter Sartori, handing it to Far East specialist Tiburon Partners.

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