Emerging funds ratings to fall

Funds investing in emerging markets could soon universally fail to achieve the top frAAA ratings from Standard & Poor's Fund Services.

Martin Taylor's departure from Baring in May, to join Thames River Capital, automatically triggered reviews of the frAAA £300m (&#8364474m) Baring Emerging Europe Trust and £425m Baring Global Umbrella Fund - Eastern Europe.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink