News

Tim Bond, the former head of global asset allocation at Barclays Capital, is joining Odey Asset Management.

M&G's Richard Woolnough has dismissed growing concerns of a bubble in corporate bond markets, saying credit is still priced for a recessionary environment.

The founder of Long-Term Capital Management, who oversaw the worst failure in hedge fund history, is returning to the market.

Eclectica founder Hugh Hendry has initiated a substantial short position in Japanese credit, on expectations of a sharp correction in the Chinese growth story.

Sector specialist Polar Capital plans to launch an emerging markets fund next month for its recently-hired trio from Axa Framlington.

Asian stocks rose to their highest level in more than two years on Monday boosted by strong EM fund inflows and last week's positive economic news from China.

A quartet of insurance giants, including Resolution, considered mounting a multi-billion pound break-up bid for rival Aviva.

Some of the largest real estate managers are backing the launch of the UK's first property derivatives fund.

UK banks are borrowing billions of pounds each month and may be forced to seek yet more support from the government, an economic think-tank warns.

Joseph Stiglitz, former respected chief economist of the World Bank and Nobel Prize winner, warns the future of the euro is "looking bleak".