AXA Investment Managers is adding a retail share class to its AXA Framlington UK Mid Cap fund at the end of Q2.

China's property bubble is set to burst this year, triggering a 30% fall in values, Aberdeen's Hugh Young said, echoing last week's warning from Anthony Bolton the sector is overheating.

Greece will be forced to restructure its sovereign debt in June 2013 when a spate of longer-term notes will need to be rolled over, according to Patrick Armstrong.

Equity markets in South East Asia are trading at a one-year high, despite rising commodity prices and oil hitting $120 a barrel, said SooHai Lim at Barings.

BlackRock has reported net income of $568m for the first quarter, marking a $145m increase from a year ago.

Spain's €3.4bn sale of long-term debt has dampened fears the eurozone country could be next in line to need a bailout.

Goldman Sachs' profits fell 72% in the first quarter as the bank's trading revenue declined and earnings were hit by a $1.64bn dividend payment to Warren Buffett's Berkshire Hathaway.

The Monetary Policy Committee should have started raising the base interest rate last summer to combat inflation and must look to hike rates as soon as possible, said Henderson's Simon Ward.

Gold has risen to hit a record $1,498.90 an ounce, with demand fuelled by a declining dollar and concerns following S&P's outlook downgrade for the US.

Investec Asset Management has launched the GSF Emerging Markets Equity fund for Archie Hart.