Sarasin and Partners has appointed two new investment managers to its charity team, both of whom were previously with Newton.

Market recovery or false dawn? With equities back to more comfortable levels, Richard Maitland asks whether it can last. In March, investors questioned the prudence of investing in equities. Capitalism was crumbling, with the banking crisis at its height. Even if you had held UK equities since May 1996 you would have lost money on a total return basis in “real” terms.

Over the past few weeks, the rules of global banking have been rewritten. Is it the beginning of the end, ask Richard Maitland and Subitha Subramaniam.