Matrix Asset Management is unveiling a New Europe UCITS fund in the second quarter for hedge fund manager David Thornton.

London's leading share index dropped below the 6,000 mark this morning as BP and Vodafone sold off parts of their asset base.

Architas' Caspar Rock has bought exposure to physical commodities in the £33m Multi Manager Dynamic fund to hedge against rising inflation.

North's John Husselbee has shifted exposure across his multi-manager growth portfolios, adding 6% to risk assets and cutting back defensive positions.

Eurozone rescue funds amounting to €500bn will not be enough to meet the financing needs of Spain, Portugal, Belgium and Italy in 2011-2013, Cazenove Capital Management's Peter Harvey says.

Emerging markets veteran Mark Mobius is shunning domestic market Chinese A-shares in favour of Hong Kong H-shares following underperformance.

London's leading share index has slipped back mid-afternoon following disappointing news from consumer stocks, and a muted opening in the US.

The US government needs to tackle its enormous budget deficit by reforming entitlement spending, rather than forcing down rates and pushing up inflation, says PIMCO's Bill Gross.

GSAM chairman Jim O'Neill calls for UK rate rise but expects oil price shock to be temporary

Artemis' Jacob de Tusch-Lec has taken exposure to emerging markets from around 4% underweight to 4% overweight in his £27m Global Income fund since the beginning of the year following falls in share prices in the past six months.