Multi-asset

ON EMs

Managing Partners Limited (MPL) has suspended redemptions on its Traded Policies fund "in the interests of existing and future investors".

BP has reported an uptick in profits in the first quarter, although profits fell 9% compared to Q1 2012 as the group continues to sell off assets to pay for the Gulf of Mexico oil spill.

Architas has expanded its distribution team with the appointment of Philippe Broadhead and Daniel Haylett.

The recent gold price volatility could plague investors for some time, and further selling is also a risk, according to BlackRock's natural resources head Evy Hambro.

Spain's collapsing residential property market is still overvalued, banking experts have warned.

Henderson Global Investors is preparing to add two funds to its risk-rated range of multi-asset solutions, led by Bill McQuaker.

An ultra-bearish US hedge fund manager shorted gold a year ago, when it was still in favour with most investors, and thinks the price of the metal is on track for a multi-year drop.

Goldman Sachs has advised clients to stop shorting gold after the dramatic fall in the price of the precious metal over the last few weeks.

Harlequin Management Services (South East), which trades as Harlequin Property, has filed a notice of intention to appoint administrators at the High Court of Justice.