City firms have cautiously begun to hire again after the financial meltdown, according to recruiters.

The Julius Baer Absolute Return Bond Fund Defender has outperformed its benchmark in its first year since inception, spurred by an allocation to credit markets.

A strong start for the mining sector this morning is helping the FTSE 100 rebound from yesterday's 1.4% decline.

Credit Suisse has launched a Luxembourg-domiciled MENA equity fund to provide investors with access to one of the world's fastest growing economic regions.

Standard Life's SIPP platform has brought its total number of properties under management to 1,000 in less than five years with its latest commercial property addition.

Japan has joined a host of countries which have escaped the grip of recession, yet Aberdeen Asset Management warns the nation's problems are more deeply entrenched than its peers.

Fidelity International has upgraded its website for IFAs to include a recovery indicator and additional graphs and presentations about its products.

VAM Funds has launched the Luxembourg-domiciled VAM Asia Fixed Income fund to allow investors to exploit opportunities in the Asian fixed income market where yields on investment grade bonds are averaging 6% annually.

The Dow Jones has fallen for the first time in three days as Consumer Price Index figures show the Fed's $1trn injection into the banking system has not led to faster inflation.

The Italian tax authority has opened an inquiry into allegations that members of the Agnelli family, who controls Fiat, are holding undeclared funds abroad.