Marlborough has opened up Giles Hargreave's popular £640m Special Situations fund to offshore investors after launching a Guernsey-domiciled feeder fund providing access to the strategy.

Japanese equities gave up nearly 200 points overnight as the Bank of Japan (BoJ) disappointed the market by opting to keep its monetary policy unchanged, failing to address concerns over bond market volatility.

Baring Asset Management (Barings) has revamped its emerging market equity team, hiring a new head to replace outgoing Roberto Lampl.

Invesco Perpetual's head of investment Neil Woodford has begun building new positions in a number of businesses across his £25bn fund range over the past year.

Leading bond managers have said the US Federal Reserve could start winding down its QE programme as soon as this summer, with treasury yields jumping as a result.

Over the past couple of years, the landscape of the wealth management sector has evolved markedly.

M&G Investments' top performing fixed income manager Richard Woolnough has called on the Federal Reserve to end its quantitative easing programme earlier than the market expects.

Troy's Sebastian Lyon, manager of the £600m Personal Assets investment trust, has warned equity and bond valuations are approaching pre-crisis peaks, and bullish investors could get caught out if they fail to brace their portfolios for a market correction....

Asian markets racked up further losses overnight as investors continued to fret over the prospect of the Federal Reserve reining in its aggressive quantitative easing programme.

Aviva Investors has opted to pull its absolute return fund out of the Investment Management Association's (IMA) Absolute Return sector, after the category was renamed earlier this year.