Europe

Lombard Odier Investment Managers (LOIM) is merging its global and emerging fixed income arms into a single unit.

ONE TO WATCH

INFRASTRUCTURE

GLOBAL

The eurozone crisis is now over and investors must start adding cyclical risk back into their portfolios, according to Neptune's head of European equities Rob Burnett.

First State Investments has launched a Global Credit Income fund for the UK market, targeting wealth managers and discretionary investors.

Mirabaud Asset Management has launched a high yield bond product for its latest recruit Andrew Lake, who joined the group from Aviva Investors at the start of the year.

Henderson's John Bennett has returned to the much-maligned Irish banking sector for the first time in over six years despite warning the position might make investors 'wince'.

EQUITIES

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.