The coalition government's emergency budget and harsh spending cuts risk driving the UK economy back into recession, warns veteran hedge fund manager George Soros.
The first AAA-rated bonds issued by the eurozone's new bailout fund have been snapped up by Asian and Middle East investors in a €5bn (£4.3bn) auction.
M&G's George Tsinonis, Giles Worthington and Tim Short are leaving the firm, leading to a management reshuffle on several funds.
In the latest Conjecture debate, our panelists from LV= and Threadneedle discussed European Equities.
Portugal will need a bailout in 2011, but the future of the eurozone will depend on the fate of Spain, Italy and Belgium, says MAM Funds' Martin Gray.
PIIGS STILL A CONCERN FOR EURO CREDIT
Henderson is to merge away both its UK and European Opportunities funds as part of its rationalisation programme following the acquisition of New Star.
Neptune's Rob Burnett says the EU authorities will be pushed to take stronger action in the first half of next year to shore up the sovereign states and European banks.