Investors are continuing to look East for current equity opportunities, with a number of Asia-focused funds among the top sellers on Fidelity FundsNetwork in July.

Veritas Asset Management's Global Equity Income fund has recorded a near £100m net inflow so far this year.

Aviva Investors has recruited Artemis UK hedge fund manager John Wood to run its UK Growth portfolio.

The FTSE 100 fell sharply on opening this morning, with another poor day in Asia cancelling out yesterday's gains for London's blue chip index.

Hargreaves Lansdown has added the Insynergy Odey fund to its Wealth 150 list.

The flow of multi-asset launches to the retail market looks set to continue in coming months, with Swip, Franklin Templeton and Julius Baer outlining plans for new strategies.

Morgan Stanley is predicting a "slow but sustainable" economic recovery in the US, and forecasts 2.6% GDP growth by next year.

Private equity investment across Europe fell by 65% to €8.5bn in H1 compared with the second half of last year, according to the European Private Equity & Venture Capital Association (EVCA).

The Insight Investment Monthly Income fund and Absolute Insight UK Equity Market Neutral fund will keep their OBSR ‘A' ratings, despite the group's sale to BNY Mellon.

Skandia Investment Group's James Millard believes the recovery in equity markets will continue for the next few months and favours Asian stocks over the UK and Europe.