JP Morgan

J.P. Morgan's Private Equity Limited fund of funds has moved to snap up assets from the former Arch cru portfolios in a deal worth £56.5m.

BlackRock's Evy Hambro, manager of the £2.8bn Gold & General fund, said gold should be trading about 30% above its current record high, taking inflation into account.

FINANCIALS FUNDS: WORTH THE RISK?

THE BEST OF THE BRICs

J.P. Morgan is expecting investor enthusiasm for gold to hold firm and drive the precious metal to $2,500 by the end of this year.

J.P. Morgan's Nick Gartside has warned France and the UK are in danger of joining the US in losing their prestigious AAA-credit ratings.

Analysts at J.P. Morgan Cazenove have downgraded Anthony Bolton's Fidelity China Special Situations trust due to its "weak" NAV performance since launch.

J.P. Morgan is set to overhaul its £292m America Equity fund next month, slashing 50% of the portfolio's holdings.

J.P. Morgan is set rename its £447m Brazil Alpha Plus fund and increase its net long positions next month.

Citigroup and Scotia Capital have predicted a 0.2% contraction in GDP growth for the second quarter, renewing fears of a double-dip recession in the UK.