US markets reversed falls on Monday after a period of consecutive weak sessions fuelled by concerns over the end of quantitative easing.

Former Gartmore emerging market manager Anthony Cheung has joined Pictet Asset Management to work on the group's Asia total return portfolios.

The contest to lead the IMF has been thrown open after surprise candidate Stanley Fisher came forward to challenge Christine Lagarde and Agustin Carstens.

Multi-managers at OPM Fund Management are targeting funds in emerging markets and energy sectors in the recently-launched Worldwide Opportunities fund.

Allianz manager trims mainstream large-cap weighting to avoid following the herd

The European Central Bank is set to raise interest rates next month in an attempt to dampen persistent inflation.

The Bank of England is expected to hold interest rates at a record two-year low of 0.5% in today's interest decision as slowing global growth overshadows inflation fears.

Fears the UK government may undershoot its target to cut the budget deficit could threaten the country's credit rating, Moody's has warned.

Emerging economies outstripping developed nations with the pace of their economic expansion must take more action to combat inflation or risk overheating, the influential World Bank has said.

Barclays Wealth has added two long-short funds into the intermediary market, linked to the performance of the FTSE 100.