US stock markets could spike if Mitt Romney secures a surprise victory tomorrow in the US Presidential election, leading thinktank the Centre for Economic Business Research (CEBR) has forecast.
This week, managers explain which moves have helped their performance in 2012.
Crispin Odey has snapped up a 5% stake in struggling fund house Man Group, prompting speculation the hedge fund manager will launch a full scale bid for the company.
Bidders for Credit Suisse's ETF arm will be getting it "on the cheap" as the sale is another example of a bank being forced to sell assets to strengthen its capital positions, according to Citi.
Credit Suisse is selling its $17.2bn European ETF business, with BlackRock and State Street among the firms that have bid for the business, according to reports.
The bull run in UK mid caps could be coming to an end, with multi-managers starting to sell down top-performing funds in the sector and growth fears threatening consumer facing names.
The BlackRock North American Income trust has raised £65m in its initial offer period and plans to issue further equity in the near future, after undershooting its £100m target.
Mirabaud Asset Management's Daniel Tubbs joined the firm from BlackRock earlier this year, where he was co-head of emerging markets.