Markets

Apollo Multi Asset's Tom McGrath considers the possible unintended consequences of Fed chief Ben Bernanke unleashing a third round of quantitative easing at the upcoming meeting.

Marcus Chandler has joined Kames Capital to work with his former LV= Asset Management colleagues Piers Hillier.

The IMA has announced a series of changes to its board with the appointment of Andrew Formica, (pictured) chief executive of Henderson Global Investors, and Mark Zinkula, CEO of L&G Investment Management.

Fidelity has expanded Trevor Greetham's Multi Asset range of funds with the launch of a higher risk adventurous fund.

Invesco Perpetual has appointed David Millar, Dave Jubb and Richard Batty to form a new multi-asset group as part of a drive to expand its business.

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

Goldman Sachs Asset Management has launched a range of funds tracking new S&P Dow Jones indices that offer investors alternative beta.

The euro hit a four-month high today against the US dollar after German lawmakers said the country can now approve Europe's rescue fund.

The Skandia label will disappear in the UK and a number of senior roles have been reshuffled as part of a major overhaul of the Old Mutual Wealth Management business.

Moody's will strip the US of its AAA rating if a deficit reduction deal is not struck in Congress, it has warned.