Henderson chief economist Simon Ward questions whether monetary tightening and fiscal cutbacks could send the global economy into a ‘double dip' recession.
Ex-New Star managers Phil Roantree and Stephen Whittaker are to launch an income fund through their new venture, Querns Asset Managers, seeding it with £5m of their own money.
Former New Star fund manager Patrick Evershed is due to appear at the Court of Appeal today to defend a court ruling that his unfair dismissal case falls under whistleblowing laws.
Henderson recorded a £100m net retail inflow across its UK Oeic and unit trust range in 2009.
The Government could take until 2015 to offload the bulk of its stakes in the UK's partly nationalised banks, longer than many fund managers were expecting.
Henderson will re-open its suspended New Star International Property fund on 12 February.
Funds of investment trusts dominated the multi-manager performance tables last year, benefiting from the deep discounts which opened up for underlying companies during the market downturn.
New Star's £741m UK Property fund has made its first purchase in over two years, a £10.5m retail unit in Chichester.
US equities finished higher in another round of fairly quiet trading on Wednesday, underpinned by upbeat economic data out of China and Japan overnight.
Aviva Investors has added a discretionary dilution levy fee to its Isa wrapper following a switch in the fund's administrators in September.