Jupiter has hired two managers from RWC Partners to run new global convertibles and multi-asset strategies.

Political risk in some of the biggest developing countries is on the rise, warns First State's global emerging markets team.

Jupiter has hired two managers from RWC Partners to run global convertibles and multi-asset strategies.

Perpetual Income & Growth Investment trust (Pigit) has postponed its issue of B shares because of uncertain market conditions.

The FTSE 100 opened higher in early trading by 20.32 points(0.39%) to 5231.50 as investors become more optimistic about prospects for a global recovery.

The UK's economic recovery is likely to be slower than that of Germany and France, according to the latest forecasts from Standard & Poor's.

The FTSE 100 rose 1.48% or 76.18 points to 5,227.50 as sentiment was boosted by a strong showing from Wall Street and Asia overnight.

The FTSE continues to fall in early trading, weighed down by fears over the global economic recovery and a massive sell-off in BP shares.

Aberdeen is preparing to launch a closed-ended Latin American income fund for head of emerging market debt Brett Diment and head of global emerging markets Devan Kaloo.

F&C intends to vote against Prudential's proposed acquisition of AIA amid increased investor opposition to the deal.