News

Jupiter is to rename its Jupiter European Absolute Return fund as it merges with the Jupiter Europa hedge fund.

Barclays has written down the value of its stake in asset manager BlackRock after a sharp fall in the US firm's share price.

US brokerage MF Global is set to file for Chapter 11 bankruptcy protection over its £4bn eurozone debt exposure, the BBC reports.

Germany's debt to GDP ratio is set to fall by 2.6 percentage points after officials discovered an accounting error at a government-owned bad bank.

EUROZONE RESCUE PLAN

Inflation across Europe remained at a three-year high in October despite the economic slowdown across the region.

The board of the Invista Foundation Property Trust has confirmed that Schroders is to take over the management of the company.

Long-dated US treasuries have returned more than the S&P 500 over a 30 year period for the first time since the 19th century.

Threadneedle has hired Martin Currie global equities manager Neil Robson to run its Global Focus SICAV.

Markets opened lower today as investors paused for breath following last week's Europe-led rally.