hsbc

HSBC has announced a fall in profits in the first three months of the year after the bank revalued its debt pile.

CONTRARIAN

HSBC is to cut 2,000 jobs in the UK by the end of next year as part of its cost-cutting drive, according to reports.

ON EUROPE

Royal London Asset Management's Martin Cholwill is backing Hargreaves Lansdown in the view worries over impact of RDR on the firm are overdone.

PHYSICAL ETFs

James Henderson has managed Henderson Global Investors' UK Equity Income fund since 2005, taking on the mandate after a long spell at the asset manager.

Hugh Young is steering clear of opportunities in frontier markets over fears of a repeat of the collapse seen in Vietnam in 2009.

THE BIG QUESTION

After a four year hiatus, Vladimir Putin won back the Russian presidency last week. Managers debate the consequences of his victory.