News

Modest improvements in economic indicators suggest equities could have hit their nadir, says Bob Doll, BlackRock's vice chairman and chief equity strategist for fundamental equities.

UK blue chips saw their shares decline this morning following falls in the US and Asia overnight.

Michael Hasenstab, Franklin Templeton's co-director of international bonds, is shorting the yen on expectations it will weaken against the US dollar as the Japanese authorities prepare to print money.

Billionaire investor George Soros donated $100m to Human Rights Watch, his largest ever gift to charity.

Neil Gregson has joined J.P. Morgan's global equities team as a portfolio manager.

Wall Street has opened sharply lower this morning on the return of European sovereign debt fears.

Jupiter's Tony Nutt has dismissed fears the UK is headed back into recession and believes equity prices and dividends have "significant upside" potential.

Schroders has promoted Rory Bateman to the role of head of European equities, replacing Gary Clarke who left for J.P. Morgan earlier this year.

The FTSE 100 fell 0.85% or 46.36 points to 5,392.83 this morning with Barclays among the biggest losers.

UK managers have been ramping up their mining exposure, pointing to demand in emerging markets which could lift the sector's share prices even if the West experiences a double-dip recession.