News

Boutique investment manager Hume Capital is set to roll-out its first product to the retail market, the Global Opportunities fund.

Managers are expecting the Chinese government to continue to raise interest rates and begin to normalise monetary policy as the country looks to control rising inflationary pressures.

Barclays Capital has launched its second retail bond on the London Stock Exchange, offering investors a 4.5% fixed rate.

BlackRock's Daniel Tubbs has increased the £200m Emerging Market fund's exposure to coal companies in the past three months on the view demand for this will soar this winter.

Franklin Templeton has confirmed the Turkish regulator is investigating market manipulation claims against emerging markets guru Mark Mobius.

Skandia has a launched global emerging markets fund, completing its Signature range of single strategy mandates.

London's FTSE opened 1.7% down this morning on a poor day for global stocks, following heavy losses in Asia and fresh fears for the Irish economy.

Officials in Ireland and the EU yesterday moved closer to conceding the heavily indebted nation may require a bailout.

The recovery in both France and Germany, Europe's largest economies, slowed considerably in the third quarter.

The mainland Chinese stockmarket suffered its worst decline in about a year on Friday, as talk of further imminent rate hikes spooked investors.