Europe

AXA Investment Managers has expanded its suite of bond funds with the addition of the Europe Short Duration High Yield fund.

Billionaire investor George Soros has warned the eurozone's debt problems could potentially be worse than the Lehman Brothers' collapse due to a lack of leadership on the Continent.

Kames Capital's bond managers Stephen Snowden and Phil Milburn have warned it is too early to start buying up cheap stock as we are only 75% of the way through the European sovereign debt crisis.

(Updated 2:30pm) Banks are continuing to take the brunt of the latest market sell-off as fresh fears of a European banking crisis emerged on Monday.

J.P. Morgan Asset Management has launched an inflation-linked bond fund investing in European debt, as the group looks to profit from the volatile market conditions across the continent.

Risk is a hot topic at the moment. The turmoil on the stock exchange has seen a big increase in market risk while Standard and Poor's has lowered their opinion of the US's credit risk.

Short-selling bans on a number of French, Italian and Spanish banks introduced earlier this month have been extended until the end of September in a bid to stem market volatility.

Spain has put in place a public sector borrowing cap in an effort to tackle its debt burden, following calls from peers in Europe to take action.

European investors who pumped billions into high-yield bonds in first half of 2011 could see asset class faced with rising default rates.

The Swiss government is preparing to unveil a CHF1.5bn (£1.1bn) package to help the country deal with its soaring currency when it meets later today, Reuters reports.