Ardevora's Jeremy Lang, manager of the group's UK Income fund, remains nervous on banks but has renewed faith in opportunities in telecoms as the sector evolves.

Invesco Perpetual has revealed some of the top trades running within its Global Targeted Returns Fund, run by former members of Standard Life Investments' GARS team.

JO Hambro Investment Management (JOHIM) has created a resident non-domiciled (RND) team to cater for increasing demand for its products from international clients based in the UK.

Former Swiss & Global sales director Keith Rumbelow has joined Argonaut Capital as head of sales.

Social media giant Twitter has filed preparatory documents to the US regulatory for an initial public offering (IPO).

Skagen has appointed a new portfolio manager, Hilde Jenssen, to the emerging markets focussed Skagen Kon-Tiki team.

Jane Lowe, director of markets at the Investment Management Association (IMA), is to exit the UK-based trade body in November.

Asian markets have risen after data released by the Chinese National Bureau of Statistics showed a number of bright spots for the country's economy.

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