Markets

Portugal's financial crisis worsened today as the country's bond yields spiked above 8% and shares plunged, following the resignation of several key politicians.

US-based Thornburg Investment Management has launched an unconstrained global equity fund, as the group moves to build its presence in the UK.

Markets across Europe fell deep into the red today as the Portugal crisis worsened and investors reacted to a big sell-off in China overnight.

J.P. Morgan Asset Management (JPMAM) is to merge away three funds and launch a new retail product as it completes an overhaul of its UK fund range, Investment Week can reveal.

THE BIQ QUESTION

INDIA

ON UK INCOME

ON NORTH AMERICA

The FTSE 100 started the second half of the year positively after promising Asian numbers were followed up by a strong showing from the UK's own manufacturing sector.

US fixed income investors are on course to suffer their worst first half of a year for nearly two decades following the Federal Reserve's remarks around curtailing its enormous quantitative easing programme.