Investec manager points to change of focus as performance catalyst since taking reins of the group's Strategic Bond fund in 2006.

InCapital managing director Mark Dickson has left the structured product provider ahead of his colleague Chris Taylor who is expected to exit the firm imminently.

State Street Global Advisors is launching its inaugural UK range of ETFs within the next quarter, as part of plans to launch more than 50 index-tracking funds in the next two years.

Former Gartmore multi-manager duo Ari Towli and Nick Roberts have joined John Husselbee's multi-asset boutique North Investment Partners.

Germany is urging Greece to extend the maturity of its debt by seven years, clashing with the European Central Bank's view that forcing investors to take a loss could damage the eurozone.

Ben Bernanke has signalled the US will not undertake another round of quantitative easing, claiming the country's recovery is ticking along at "a moderate pace."

The European Union said Greece will not be allowed to default because of the weak state of the region's banking system.

HSBC Global Asset Management has launched two emerging market bond funds investing in Latin American and Asian fixed income, for managers Octavio Ferreira, Cecilia Chan and Alfred Mui.

A group of 55 economists believes the Monetary Policy Committee will maintain interest rates at 0.5% this week, as manufacturing and services surveys show the UK economy is slowing.

St. James's Place is launching a global equity fund in a bid to diversify assets away from fund manager THS Partners, Investment Week understands.