News

GAM has unveiled an Asian equity fund for Michael Lai that will focus on "overlooked" markets in the region.

Bob Michele, global CIO of fixed income and currency at J.P. Morgan Asset Management, has said Greek bond holders should take a huge hit to help resolve the debt crisis in Europe.

The Dow Jones has ended a three day winning streak, with investor sentiment taking a hit from losses in ‘safe haven' commodities.

France, Italy and Spain have extended bans prohibiting the short-selling of selected financial stocks until at least mid-November.

The Bank of England's Financial Policy Committee (FPC) has urged banks to curtail bonuses in order to be prepared for further financial shocks.

F&C has hired Peter Svoboda as a product specialist in its emerging market debt team as it continues to strengthen the unit following the departure of Helene Williamson.

Fidelity has confirmed Eden Financial's Dan Roberts is joining to launch a global equity income fund when he lands in November.

Martin Currie has changed the name of its Portfolio investment trust to the Global Portfolio trust to better reflect its global focus.

The European Commission has proposed a tax on financial transactions to help fund the cost of the eurozone rescue package which could see investors in UCITS fund being hit with a triple blow.

Invesco Perpetual managing director Bob Yerbury is to step down from his co-manager role on the Invesco Perpetual Select investment trust as the group revamps its mandate.