HSBC Infrastructure Company (HICL) is to undertake a C class share issue to pay down debt and pursue new opportunities.

Legg Mason has appointed affiliate, Batterymarch, to replace Esemplia Emerging Markets as manager of the Luxembourg-domiciled Legg Mason Asia Pacific (ex Japan) fund.

US GDP figures released yesterday showed the world's largest economy has returned to economic growth, leaving the UK the only major economy still in recession. The US economy grew by 3.5%, and equity markets reacted positively, with the S&P 500 adding...

Aegon Asset Management has promoted Iain Buckle and Euan McNeil to joint managers on three of its flagship fixed income funds.

Net inflows into funds worldwide doubled during the second quarter of this year to €84bn from €46bn during the first quarter, increasing total assets under management by 5.4% to €14.4trn by the end of June, according to the EFAMA.

Equity fund sales overtook bonds for the first time since 2007 last quarter as the IMA announced 2009 has been a record year for net retail sales.

Guy de Blonay's defection to Jupiter raises serious concerns about the integration of Henderson and New Star, Chelsea Financial Services' Darius McDermott believes.

Henderson New Star is changing the £66m New Star Pacific Growth fund's mandate to provide income as well as growth and will rename it New Star Asian Dividend Income.

China's Q3 GDP figures released on Thursday show the country's economy is on a sustainable path, says J.P. Morgan Asset Management's Geoff Lewis, who believes wide scale fiscal tightening is still far off.

Global market gains over the last two months are bordering on the euphoric, says Julius Baer's Matthias Ramser, who is maintaining a neutral weighting to equities and commodities across the firm's portfolios.