Stephen Snowden has begun adding risk to Kames Capital's £330m Investment Grade portfolio after risk assets fell to "ferociously cheap" levels.
The decline in UK GDP growth in the first quarter of 2012 was today revealed to be worse than expected, after the Office for National Statistics reported fall of 0.3%.
Deputy Prime Minister Nick Clegg will say no rational person would want to see Greece exit the eurozone today, warning the UK will suffer if the country leaves the single currency.
German Chancellor Angela Merkel and other senior European Union (EU) officials last night called on Greece to shelve plans to quit the single currency and urged it to see out its austerity programme.
Markets across Europe set new lows for 2012 yesterday after countries were told by Brussels to prepare contingency plans for a Greek exit.
Wall Street opened lower today, joining a global equity slump triggered by mounting concerns over Greece's future in the eurozone.
Massachusetts Secretary of Commonwealth William Galvin has reportedly issued Morgan Stanley with a subpoena as part of an investigation into Facebook's IPO, while two investors are taking legal action against Facebook, Nasdaq and Morgan Stanley following...
Fidelity's multi-manager team has dropped Sanjeev Shah's £2.4bn Fidelity Special Situations fund from its Select List of preferred funds.
MAM Funds' Simon Callow has changed the strategy on his Midas Balanced Growth fund to make greater use of exchange-traded funds (ETFs) and hedging.
Pictet Asset Management is set to launch an emerging markets high dividend offering for Mark Boulton and Stephen Burrows.