Portugal

The FTSE 100 has fallen 1.1% as concerns over Portugal and the continued lack of a Greek bond swap deal weigh on global markets.

Rathbones' James Thomson has been running the £135m Rathbone Global Opportunities fund for eight years since its launch in November 2003.

MAPPING THE DEBT CRISIS

EQUITIES

We ask investment experts for their forecasts for 2012.

ON EUROPE

As the eurozone crisis reaches a crescendo, the Bank of England has revealed just how much exposure UK banks have to the region's most troubled economies.

Manager plays yield curve and looks for ‘dull' core holdings in long-standing fund.

Credit rating agency Fitch has downgraded Portugal's credit rating from BB+ to BBB- due to its fiscal imbalances and high indebtedness, and the worsening outlook for Europe.

Fixed income specialist says Portugal will soon be exposed as most unstable region.