News

BNP Paribas analyst Philippe Gijsels has suggested inflationary monetary policy could mean the next bull market sees the Dow Jones Industrial Average hit 100,000.

The eurozone reported zero growth in the first quarter, beating forecasts of a 0.2% contraction and narrowly escaping a technical recession.

Neptune has named Andy Larkin as head of strategic partners as it restructures its sales team following the departure of John Lester.

Dan Nickols, Old Mutual Asset Managers' (OMAM) top performing small-cap manager, has reshaped his £468m UK Select Smaller Companies fund to gain greater exposure high quality cyclical firms.

Ardevora's Jeremy Lang has rotated his US exposure - which makes up over half of the Global Equity fund long book - out of consumer stocks and into a heavy technology overweight.

(Updated: 9.15) Asian indices fell overnight, mirroring losses in the US and Europe, over fears about the impact a Greek exit from the single currency could have on the rest of the region.

Ratings agency Moody's Investors Service has cut the long-term debt and deposit ratings for 26 Italian banks as the crisis in Europe clouds their prospects.

Edward Bramson completed his strategic review into F&C Asset Management today, revealing plans to expand its range of investment trusts and to market F&C multi-manager funds direct to consumers.

Former Barclays chief John Varley is no longer in the running for the top job at the Bank of England, Investment Week understands.

US markets have fallen to three-month lows during trading today as the eurozone worries that resurfaced last week show little sign of subsiding.