A lack of growth in global productivity is even more of a worry than the impact of rising interest rates, according to Hermes Sourcecap CEO Andrew Parry.
Aubrey Capital Partners is set to launch a high conviction EU equity fund with "quiet confidence" 2013 will be a strong year for the region's markets.
BlackRock has promoted Stefan Gries to co-manager of its European Absolute Alpha fund alongside Vincent Devlin.
The Bank for International Settlements (BIS) has warned spiking bond yields across the world threaten trillion of dollars in losses for investors and a fresh crisis for banks unless they are braced for the shock.
A lack of growth in global productivity is even more of a worry than the impact of rising interest rates, according to Hermes Sourcecap CEO Andrew Parry.
The Cypriot president has asked eurozone officials to overhaul the country's €10bn bailout plan due to its unmanageable impact on the Cypriot economy, according to reports.
Emerging markets have had a rough time recently. Over the past two and a half years, their economic performance has stayed behind that of developed markets.