News

Storm clouds are gathering over the euro, with the currency expected to fall from the highs seen in 2009, according to Caxton FX.

Schroder Global Climate Change manager Simon Webber believes clean energy stocks will continue to advance in 2010 despite this month's Copenhagen summit only delivering a "fudge" agreement.

GlaxoSmithKline leads Charles Stanley's top stock picks for 2010, with the firm expecting companies with significant overseas operations to deliver strong risk-adjusted returns next year.

Earlier in 2009, some investors were being too gloomy. We remained constructive in the down-period when share price values fell to their lowest levels in several generations.

Old Broad Street Research has award the Absolute Insight Emerging Market Debt fund an A rating.

Simon Brazier, who quit as manager of the Schroder UK Equity fund earlier this week, has moved to Threadneedle to become co-head of equities.

The UK's largest authorised property fund has bought its first property for more than two years, and is hopeful of buying about £200m more.

DAVID TEPPER, who runs the US hedge fund Appaloosa Management, is in line for a profit share of around $2.5bn (£1.5bn) this year after betting heavily on a recovery in the stocks of banks including Citigroup and Bank of America, says The Times.

Max King, strategist and portfolio manager at Investec Asset Management, looks back over some of the developments of the past year and notes some key areas to watch in 2010.

China is to hold its economic growth target at 8% in 2010 despite the global downturn.