William Rice, manager of the £1.7m Neptune Russia Special Situations fund, has left the company.

ING IM has made a number of new appointments to its emerging market debt (EMD) team.

Janus Capital has poached Premier's Alan Glendon to become sales director for UK financial institutions.

HSBC Global Asset Management (HSBC GAM) is to roll out a series of funds tracking indices it recently launched which aim to lower volatility.

Baring Asset Management has appointed Claire Fraser as head of marketing and communications, following the announcement Ian Pascal is to exit next month.

HSBC Global Asset Management has launched a short duration high yield bond fund aimed at investors looking for protection from the threat of rising interest rates.

UK shares are enjoying a positive session despite the latest growth wobble in China, after the country's finance minister revealed the economy is going to undershoot the 2013 growth target of 7.5%.

The River and Mercantile World Recovery Fund has been made available to the retail market, following its soft-launch in March this year.

Global equity manager Torkell Eide is to exit Skagen after four years at the company.

Scott MacLennan, manager of the Neptune UK Special Situations Fund, has upped his banking exposure and said it is increasingly difficult to ignore the investment case for the sector at home and abroad.