News

Greg Woodard, lead manager of the £1.4bn GAM Star US All Cap Equity fund, has said the end of the second round of quantitative easing in the US has already been priced in to equity markets.

JP Morgan Asset Management has launched a Japanese absolute return portfolio for fund manager Kaori Tsujino.

The Greek parliament has narrowly voted to approve a drastic austerity package despite facing widespread opposition.

Ignis' chief economist Stuart Thomson has said it is a "virtual certainty" Greece will default despite its move to implement the latest austerity plan.

The Investment Management Association (IMA) has appointed Morningstar UK to monitor funds across its sectors.

There are clear signs of a rift within the MPC over interest rates as deputy governor Paul Tucker said he is close to voting for a rise.

JO Hambro's latest Global Emerging Markets fund will invest predominantly in China and India when it launches later this month.

London's leading share index has broken through the 5,800 barrier, boosted by strong showings overnight in the US and Asia, and ahead of a crucial vote in Greece.

The executive board of the International Monetary Fund (IMF) has chosen French finance minister Christine Lagarde as its new director.

Guillaume Rambourg, the ex Gartmore fund manager embroiled in allegations over trading irregularities last year, is to seed a new charitable foundation using his entire stake in Henderson.