Tom Slater, manager of the Scottish Mortgage investment trust, says that the trust's position on China is as out of sync with wider markets as it has ever been, but believes that there are still exciting businesses with strong management in which to invest.
Hargreaves Lansdown has seen its assets under administration swell to £39.3bn a fresh record which in part was down to the success of Royal Mail’s flotation.
BlackRock’s Sam Vecht is looking to out of favour energy giant Gazprom to power his £111.1m Emerging Europe trust.
Baring is hoping to launch a European Opportunities fund in the coming weeks, shirking off investors’ fears over growth because of the positive environment for Continental small caps.
City Financial is to launch an Asian macro fund in the first quarter of 2014 to be managed by Geoffrey Barker in a joint venture with the group's Hong Kong subsidiary.
There is room for a further sell-off of emerging market currencies, because countries with large external imbalances, such as Turkey, India, Brazil, South Africa and Indonesia remain vulnerable to rising US yields.
Legg Mason Global Asset Management has launched the Dublin-domiciled Legg Mason Western Asset Senior Loan fund to be managed by its specialist fixed income subsidiary Western Asset Management.
So that was the UK recovery. Did you enjoy it? Recent industrial production figures show unpromising signs for the UK economy with manufacturing data falling and the jobless rate remaining high despite benefits claims coming down.
Mike Riddell, manager of the M&G Global Macro Bond fund, believes the US dollar looks cheap on almost all measures, while emerging market currencies still face significant risks.
Vincent Devlin, co-manager of the BlackRock Greater Europe Investment trust, says European corporate earnings may have reached the bottom.
John Dugenske is to take over as global head of fixed income at UBS Global Asset Management after existing head Rob Gambi left the firm.
October seems to be "crash month" – on 29 October 1929, the Dow fell 12.8%. On 19 October 1987, the Dow lost 22.6% of its value in one trading day.
