Europe is on the road to economic recovery as Ireland becomes the first country to emerge from the financial crisis, according to T. Rowe Price's European equity manager Dean Tenerelli.
Neil Veitch, manager of the SVM World Equity fund, has benefited from increasing exposure to financials in the last six months, as the loosening of Basel III requirements for banks has boosted the sector.
Mercer's Paul O'Connor is to join Henderson as a director on its multi-asset team.
BlackRock has entered a definitive agreement to acquire the exchange-traded funds (ETF) business of Credit Suisse, in a deal set to complete by the end of the second quarter.
Credit Suisse has named 20 of the best stocks with the ability to return capital to shareholders through special dividends and buybacks, with UK names such as clothing retailer Next and Paddy Power included on the list.
Credit Suisse is to combine its private banking and asset management divisions to create a wealth management arm.
JPMAM's Neil Gregson talks to Jenny Cosgrave about a frustrating year for commodities investors.
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.