Thames River multi-manager duo Gary Potter and Rob Burdett have revealed the best and worst funds and sectors during the last quarter of the year, with absolute returns funds coming under fire once more.

BlackRock's Bob Doll has shot down the prospect of a further round of stimulus in the US, challenging expectations from leading bond investor Bill Gross at PIMCO.

Investors are fearful of a fresh wave of bank failures, as well as a return to recession in the UK, according to a survey carried out by the Centre for the Study of Financial Innovation (CSFI) and PwC.

Burberry has been named the best stock to buy in 2012 by Kames Capital's head of UK equities, Stephen Adams.

PIMCO, the world's largest bond fund manager, is telling its clients to diversify out of euros and into EM currencies, according to Reuters.

J.P. Morgan's chief executive Jamie Dimon has admitted the bank discussed pulling out of the eurozone's most troubled spots, but decided to stay for the long term, mainly for social reasons.

BlackRock has appointed Jeremy Roberts to the role of head of UK retail sales as previous head Mark Elliott moves to run EMEA retail strategic client accounts.

Britain is not "walking away" from Europe, but safety measures must be put in place for EU countries that are outside the single currency, said Prime Minister David Cameron.

Renaissance Asset Managers (RAM) has acquired two Eastern European funds from specialist EM fund house Griffin Capital Management.

Billionaire investor George Soros has warned Europe could see a bout of deflation if harsh austerity measures wanted by Germany are implemented.