European equity markets have switched from a "vicious cycle to a virtuous cycle" due to loosening credit conditions, according to RLAM's Kevin Lilley.
F&C's Ted Scott says the UK has experienced the worst of the current recession, but warns a recovery will be "long and fragile".
Capita Financial Managers has suspended its collection of all charges from investors in the Arch cru fund range.
Growth fund managers are calling the end of the cyclical rally which drove returns after March's equity market low, according to Standard & Poors.
The F&C multi-manager team has sold its position in First State's Asia Pacific Leaders and switched into the Veritas Asian fund.
The FTSE 100 has this morning begun to reclaim some of yesterday's losses, with a buoyant Schroders ahead early on the back of an upgrade from Morgan Stanley analysts.
S&P has given new ‘AAA' ratings to Newton's Real Return and Balanced funds, which are both managed by Iain Stewart.
Retail investors are starting to pile back into equity funds at the end of a record quarter for sales, according to the latest IMA monthly figures.
New Gartmore addition John Anderson has taken on the group's institutional gilt range, following Simon Surtees' exit from the company.
T. Rowe Price's second-quarter earnings fell by 38% as investment advisory revenue slumped.