Mario Draghi, the head of the European Central Bank (ECB), has said the country is not facing a Japanese-style deflationary spiral despite recent data showing inflation is sliding.
Dalton Strategic Partnership has appointed former GLG fund manager Mark Greenhoff as senior analyst on the Melchior European equity team.
Carmignac Gestion has brought in a new London-based European equities team to replace its existing managers in an attempt to improve the performance of its funds.
The spectre of deflation in Europe is once again back at the forefront of investors' minds today after the latest reading of price movements saw inflation fall to a record low.
Former Gartmore manager Guillaume Rambourg has launched his first long-only European equity fund for new venture Verrazzano Capital.
Eclectica hedge fund manager Hugh Hendry has said he has been forced to leave his bearish outlook behind as he faces up to a market "which only makes sense through the prism of trends".
Former Cazenove European fund manager Chris Rice is to launch a boutique fund management firm with ex-colleague Tim Russell, Investment Week can reveal.
Odey Asset Management is to launch a European Absolute Return fund for manager Feras Al-Chalabi later this year.