News

GLOBAL EMERGING MARKETS

Announcing a haircut on Greek bond holdings would help restore a positive mood to bond markets, which have largely priced in such a move, said DWS Investments' CIO Asoka Wöhrmann.

Nathaniel Rothschild, the financier, has confirmed his position as one of the most powerful brokers in the country after smashing the fund raising target for his new venture.

Aberdeen is merging its Global Sterling Corporate Bond fund into its Global World Bond fund due to the small size of the former portfolio.

Jim O'Neill, the chairman of Goldman Sachs Asset Management, is eyeing China and Russia as the most attractive BRIC countries while shunning "expensive" India.

Investors stick with Tesco as numbers released last week show top supermarkets are feeling the burn from difficult market conditions.

Newton's Asian Income manager Jason Pidcock is favouring commodity-related stocks, a sector normally avoided by income seekers in the UK.

Plamen Monovski, Renaissance Asset Management's chief investment officer, has warned Russian infrastructure stocks are at risk if the oil price declines.

Andy Weir, the manager of Fidelity's Global Inflation Linked Bond fund, has said he expects inflation to peak below 5% later this year, after the official reading for May showed price rises had halted.

Alternative investment boutique Future Capital Partners is to launch a Guernsey-listed income fund aiming to pay 7% from a portfolio of government-backed infrastructure projects.