Schroders has added a frontier markets Sicav to its offshore fund range.

An official report from the US on BP's Gulf of Mexico oil spill in April has described it as 'avoidable'.

THREADNEEDLE'S HARRISON UNNERVED BY THE UBER BULLS

Investors in US large-cap equities could benefit from up to 30% upside in 2011, says Legg Mason Capital Management's Mary Chris Gay.

Strong buying of government debt by the UK's banking sector is needed to prevent a rise in gilt yields as overseas demand wanes, says Simon Ward, the chief economist at Henderson Global Investors.

BP shares soared 7% to a six-month high on the FTSE 100 yesterday as compensation payouts for its spill in the Gulf of Mexico looked set to be lower than expected.

Investec multi-asset managers Philip Saunders and Max King outline seven key themes for investors in 2011:

Economics research firm IHS Global Insight has revealed its predictions for the UK economy in 2011, forecasting GDP growth of 1.8% and average CPI inflation of 3.2% over the course of the year.

London's leading index rose almost 150 points, or 2.48%, to reach 6,045 by late morning, buoyed by the commodities sector.

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