JP Morgan

J.P. Morgan's global equities specialist Jeroen Huysinga has been rotating out of mid-cap stocks and into large caps on valuation grounds.

Boutique manager RWC Partners is to launch a Ucits III pan-European equity fund next month as the group continues its push into the retail market.

GEM Small Cap manager attributes performance to strength of investment platform

ASSET ALLOCATION

CONSUMER TRENDS

J.P. Morgan is preparing to launch a Global Emerging Markets Income investment trust at the end of July for CIO and head of emerging markets Richard Titherington.

The FTSE 100 opened higher in early trading by 20.32 points(0.39%) to 5231.50 as investors become more optimistic about prospects for a global recovery.

The FSA has levied its largest ever fine of £33.32m on J.P. Morgan Securities for client money breaches over a seven-year period.

Aberdeen is preparing to launch a closed-ended Latin American income fund for head of emerging market debt Brett Diment and head of global emerging markets Devan Kaloo.

Lehman Brothers is to sue JP Morgan Chase for billions of dollars of 'lost value'.