Nomura

Rate hikes are off the table until 2017

Investors want short duration

Legal & General Investment Management(LGIM) has appointed Omar Saeed as lead manager of its flagship Dynamic Bond Trust, nine months after the departure of Richard Hodges.

Former Barclays UK private banking head David Semaya is to join Nikko Asset Management, as CEO Charles Beazley steps down for family reasons.

UK EQUITIES

ETP provider Source has launched a private equity ETF as a more liquid alternative to investing in private equity buyout funds.

Nomura's Brett Olson has joined iShares in the newly-created position of head of fixed income for Europe, Middle East and Africa (EMEA).

Shares rose across Asia overnight on positive manufacturing data from China, which analysts said marked a turning point for the region.

Canada Life Investments has hired Nigel Kennett from Nomura International as senior fund manager on the UK equities desk.