Swiss & Global has launched an emerging markets corporate bond fund to complement its existing fund range.

The euro has hit a two-month high against the US dollar as the European Central Bank's bond-buying plans bolstered the single currency.

PIMCO's Bill Gross has said the Federal Reserve and other central banks are to blame for "the current shipwreck" that is the global economy.

The Organisation for Economic Co-operation and Development has made a sharp cut to its forecast for UK growth in its latest interim economic assessment.

Greece's European lenders have demanded the government in Athens enforces a six-day working week in order to meet the terms of the country's second bailout.

Facebook founder Mark Zuckerberg has said he will not sell any of his shares in the company for at least a year in a move to boost investor confidence, after shares in the social networking giant sank to a new low.

Saracen Fund Managers has acquired the mandate to run the Bloxham Global Equity Income fund, as part of a plan to merge it with their own Global Income and Growth fund at the end of the year.

Gold has climbed to its highest level in more than five months as speculation the next round of QE in the US is just weeks away pushed the precious metal higher.

BlackRock's ETF arm iShares plans to hire at least six people for its UK-based business to prepare for RDR next January.

BlackRock's Continental European Income fund was launched in May last year at a time when Europe was the last place many investors wanted to be, but this was part of the appeal, according to fund manager Alice Gaskell.