Concerns over weakening sterling
Financials and oil stocks favoured
55% chance of global recession
"Bond tourists" investing in dividend-paying stocks are causing concern for UK equity income managers, who predict increased volatility as debt starts to sell off.
BlackRock has appointed Rachel Lord from Citigroup as new head of iShares in Europe, the Middle East and Africa (EMEA) to replace Joe Linhares as he returns to the US.
The FTSE 100 will soar past its record high to reach 8,000 by the end of 2014, according to analysts at Citigroup.