Pressure from cheap passive investment products will put pressure on active managers to justify the fees they charge, said Jupiter's Edward Bonham Carter.

A third round of quantitative easing in the US would lead to the collapse of the dollar, M&G's Jim Leaviss has warned.

Silver futures have recovered from the worst weekly drop since 1975, gaining 4.4% Monday to reach $37 an ounce.

Royal London Asset Management has launched a UK Ethical Equity fund for manager Bradley Mitchell.

HSBC and Barclays saw their share prices dive today as profits were hit by the banks' provision for PPI claims.

Artemis' James Foster has taken off a 12% short position in UK gilts and US treasuries in the past few weeks, in the view the MPC will not hike rates until August.

The European Central Bank is likely to hike interest rates just 25bp to 1.5% by the end of the year, as core inflation remains steady and has barely increased, said Alan Brown at Schroders.

The UK may need a bailout from Europe soon, as it is not cutting its structural deficit fast enough or by the necessary amount, Jim Rogers said.

Goldman Sachs' BRIC fund was one of the worst affected by yesterday's sharp commodity sell-off, which saw the price of Brent Crude oil fall 10%.

Franklin Templeton Investments has launched the Templeton Emerging Markets Balanced fund for Mark Mobius and Michael Hasenstab.