Global

Renowned investor Anthony Bolton has predicted a further phase to the bull market on expectations Western economies will avoid a double dip recession.

Investec Asset Management, which runs $5.3bn in active currency funds, has warned the dollar could face a sharp correction this year due to reluctance in the US to embrace fiscal tightening.

Alex Illingworth, the former manager Insight Evergreen fund manager, has joined the global equity team at Mirabaud Investment Management.

Aegon has named former ABN Amro AM chief and ex-Artemis director Sarah Russell as the new CEO of its asset management business.

China's leading credit rating agency has stripped the AAA ratings from the UK, US, Germany and France, accusing competitors in the developed world of a bias to the West.

BP faced fresh takeover speculation on the weekend after the Obama administration reportedly told ExxonMobil it would not stand in the way of a takeover bid for its troubled British rival.

Renowned investment guru Jim Rogers continues to avoid investing in the UK, believing the country's "staggering" debt problems are unlikely to improve.

Fidelity International's Trevor Greetham has cut exposure to equities and commodities in his multi-asset funds in anticipation of greater buying opportunities later in the year and in 2011.

Old Mutual's Stewart Cowley warns on the rising bank failures in the US and why government bond yields might move down to Japanese-style levels.

The manager of the £1.6bn HSBC GIF Brazil Equity fund plans to introduce property into the portfolio when the outlook for inflation improves.