News

Investec's Peter Eerdmans has taken a neutral position in emerging market bonds on the view the sector will consolidate following its highs this year.

Pictet is launching a Luxembourg-domiciled long/short fund focusing on the Greater China region.

Ireland's GDP contracted 1.2% in the second quarter, according to an initial estimate released today, confounding analysts' expectations of 0.5% growth.

Government bonds jumped on Wednesday on rumours the Bank of England could be moving closer to increasing its £200bn "money-printing" programme to buoy the recovery.

Legendary investor and Berkshire Hathaway CEO Warren Buffett has kept his place as the US's second wealthiest person, according to Forbes magazine.

Emerging markets guru Mark Mobius says it is "critical" to monitor the supply and demand for EM stocks with the number of IPOs set to double in the coming year.

Jupiter's head of European equities Alex Darwall has dismissed the sovereign debt crisis as a "micro" issue which will have little impact on the corporate sector.

Portugal has raised €750m (£641m) in a successful Government bond auction, following in the footsteps of other southern European nations.

Templeton's Mark Mobius says it is "quite possible" Greece could be reclassified as an emerging market and has invested in the country through the group's Emerging Markets Investment Trust.

Fidelity has dismissed fears of a double dip and has urged investors to look beyond scare-mongering headlines and place economic figures in context.