Shares across the globe fell overnight as renewed fears about Germany's likelihood of approving rescue plans plagued investors once again.
Principal Global Investors has unveiled a US income product to be managed by its US-based affiliate Edge Asset Management.
Baring Asset Management is to launch a China Bond fund providing investors with exposure to the country's previously restricted fixed interest markets, as demand for new ways to play the Chinese growth story continues to build.
For right or wrong, it is an incontrovertible fact that more and more investors, as well as their advisers, are making the shift to using passive funds as part of their diversified portfolios.
MAM Funds has hired Scottish Widows Investment Partnership's Nick Ford as part of a drive to expand its investment capabilities.
Federal Reserve Chairman Ben Bernanke has indicated more quantitative easing measures will be pumped into the US economy when it is needed to avert long-term damage, but his lacklustre speech failed to impress those seeking a firmer commitment.
Ex-Threadneedle manager Andrew Holliman has revamped his investment process since joining Polar Capital to run its US offering, taking a less conservative approach on the more focused portfolio.
Barings' Khiem Do has said the chances of the Federal Reserve carrying out QE3 are remote, with economic indicators in the US still "reasonably strong" and by no means justifying further action.
The US economy expanded by 1.7% in the second quarter, more than previously thought, the latest reading has shown.
Henderson's Richard Pease has predicted a ‘stampede' into European equities as soon as the government bond bubble bursts and investors begin demanding better real returns.