Global Equities

CHINA

Gold funds were standout winners in August as investors' appetite for risk waned amid concerns of a tapering of monetary stimulus in the US and potential military action in Syria.

US-based Thornburg Investment Management has launched an unconstrained global equity fund, as the group moves to build its presence in the UK.

Psigma has dodged today's Japanese equity sell-off after the firm's CIO Tom Becket told its investment managers to reduce exposure earlier this week amid fears a pullback was imminent.

RWC is to launch a global equity fund for Louise Keeling, who joined the group from Marathon Asset Management last month.

Managers around the globe have upped their exposure to equities in what Bank of America Merrill Lynch analysts dubbed the 'great rotation' of 2013.

Leading global equity investors cast their eye over their favourite markets for 2012, and give their outlooks for the coming year, in which several developed economies will face significant macro-level challenges.

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.

The FTSE 100 has added to recent gains in early trading this morning, raising the prospect of the index posting its largest weekly gain since last December.

US and Asian equity markets rallied overnight as talk of US politicians reaching a deal to avert the fiscal cliff helped sooth investor worries.