Newton manager believes tightening policy now could be detrimental to growth.

PIMCO's Bill Gross is urging investors to play the safe end of the credit space by shunning duration risk, as rising inflation hits yields.

STOCKHOLM SYNDROME

Sarasin & Partners has added an ethical portfolio to its EquiSar range of thematic funds.

AllianceBernstein has launched a renminbi fixed income fund for Hayden Briscoe, aiming to capture high yields from Asian bonds.

BlackRock's chief executive has warned Europe needs its own US-style Troubled Asset Relief Program (TARP) as the sovereign debt crisis continues.

GAM has closed Sean Taylor's Frontier Opportunities fund and moved existing investors into a similar UCITS fund which can take long and short positions.

Suresh Sadasivan has joined Legal & General Investment Management (LGIM) as head of Asian equities, replacing David Riddle who is retiring after 14 years in the role.

Jack Loudoun, manager of the Invesco Gilt fund, has resigned from the company after eight years at the firm.

Invesco's chief economist John Greenwood has shot down bearish forecasts for economic growth in the UK and said it should beat expectations from the Office for Budget Responsibility (OBR).