JP Morgan

MULTI-MANAGERS

A wide-ranging report from the Centre for Policy Studies has called on fund managers to provide an estimated annual return figure for clients to improve transparency.

This year is turning into a repeat of 2011, according to JPM's Nick Gartside, who said the absence of a strong trend has led to another year characterised by swings between good and bad days.

ON BONDS

Leading asset managers are calling for drastic changes to the way the IMA operates, with some arguing the trade body should no longer be responsible for sector names or definitions.

Billionaire investor George Soros sold out of Google in the first quarter of the year but built positions in US financials, latest filings reveal.

Several high profile executives at JP Morgan Chase are set to resign today following $2bn (£1.2bn) of losses at the bank's trading desk last week, according to reports.

FIXED INCOME

Austin Forey, manager of J.P. Morgan's £1bn Emerging Markets fund, reveals five of his top stock ideas from across his developing market universe.

Franklin Templeton is launching an Africa fund for veteran investor Mark Mobius, making it the latest fund group to test investor appetite for the world's second-largest continent.