Henderson's John Bennett has returned to the much-maligned Irish banking sector for the first time in over six years despite warning the position might make investors 'wince'.

Bill Gross, manager of the world's largest bond fund, has compared the US economy to a supernova on the path to extinction as it has become too reliant on credit and real growth is being eroded.

Credit ratings agency Moody's downgraded six Canadian banks last night over fears the lenders had become more vulnerable to downside risks and rising house prices.

The French labour minister, Michael Sapin, described the nation as "totally bankrupt" in a recent interview, leaving the French President Francois Hollande to minimise reputational damage.

Consensus opinions over the strength of the US and Chinese economies should be viewed with suspicion, according to Henderson's John Bennett, who has compared analyst forecasts to "fairy dust".

US treasury 10 year yields have climbed past 2% for the first time in nine months, as better than expected data in the US helped bolster risk asset sentiment.

Ecclesiastical's group CEO Michael Tripp will retire this year after six years at the firm.

Invesco Perpetual pressured the veteran chairman of road haulage company Stobart to step down as the company's share price has struggled to perform, according to reports.

UK bond investors should be wary of rising inflation and consider diversifying to other markets, according to PIMCO fixed income MD Mike Amey.

Ecclesiastical‘s Higher Income fund, managed by Robin Hepworth has moved out of the IMA UK Equity and Bond Income sector, into the Mixed Investment Shares 40-85% sector.