Martin Currie's latest offerings, the Japan and European Absolute Alpha funds, will launch this month with a long bias to internationally-focused companies

Gam has launched a Ucits III long/short fund with an emerging markets remit for investment director Sean Taylor.

Analysis

Former Liontrust managers Jeremy Lang and William Pattisson are aiming to launch three absolute return funds in October.

The FTSE 100 has fallen 0.3% or 16 points to 5,413.5 in early trading after America's Federal Reserve said overnight there were "widespread signs of deceleration" in the US economy.

Gam has soft-launched a market neutral credit fund for retail investors, raising $50m (£32m) for the product in eight weeks.

Michael Hasenstab, Franklin Templeton's co-director of international bonds, is shorting the yen on expectations it will weaken against the US dollar as the Japanese authorities prepare to print money.

F&C multi-manager Paul Carne and analyst Catherine Sauer are to join Thames River by the end of the year, with Carne heading up the Lifestyle fund range when it migrates across.

Clavis Walden is sticking with its plans to launch one of the UK's first property authorised investment funds (Paif), despite delaying it for eight months.

The Bank of England has focused too much on avoiding deflation at the expense of countering declining real incomes, according to Cazenove.