QUANTITATIVE EASING

Kames Capital's investment grade bond managers Stephen Snowden and John McNeill have accused regulators of making the credit crunch even worse by imposing too many restrictions on banks too soon after the financial crisis.

RWC Partners is urging the IMA to look at the Morningstar categories when the body decides how to revamp the Absolute Return sector later this year.

Schroders has launched a Luxembourg-domiciled Global Multi-Asset Income fund for recent hire and multi-asset head Nicolaas Marais.

Shareholders in investment bank Citigroup - which failed a recent stress test - have aired their discontent with the financial giant by voting against giving top executives a larger pay packet.

Fund managers are snapping up cheap portfolio insurance ahead of an expected market pull-back, after the VIX index hit pre-recession lows in March.

Global markets continued their downward trend this morning as fears re-emerged about the state of European and the US economies.

JO Hambro Capital Management (JOHCM) is to launch a Global Opportunities fund for Ben Leyland, manager on the top-performing UK Opportunities fund, by the end of Q2.

Retail investors are continuing to flock to fixed income funds, topping up their positions by over £500m last month, despite the rally in equities.

Brent crude oil prices fell 1.1% to $123.53 to last night as it emerged leaders of developed economies are in talks to release emergency reserves to push fuel prices lower.