Fiona Harris, client portfolio manager on the J.P. Morgan US Equity Income fund, identifies the ‘sweet spot' for US income investors.
PIMCO, the world's largest bond house, lost its position as the best-selling fund group in Europe in the first half of the year.
Two former J.P. Morgan traders have been charged in the US over the scandal that saw the bank sustain losses of $6bn.
Japan equity managers are buying back into domestic companies and cutting their exposure to export-led firms as the slowdown in China and a flat yen weigh on sentiment.
Two City traders could be arrested within days over their role in the J.P. Morgan 'London Whale' scandal which cost the firm $6.2bn, according to reports.