JPMAM economist Dan Morris says credible end to the crisis is in sight with progress made towards hitting three crucial benchmarks.

A continued deterioration in economic news flow could prompt a 30% to 40% swing in equity markets, according to James Inglis-Jones, manager of the £295m Liontrust Income fund.

Fidelity Worldwide Investment has boosted its multi-manager team with the hire of James Bateman.

Crispin Odey has admitted his flagship European hedge fund lost 8.3% last month.

Asian shares suffered overnight and European indices plunged today as investors fretted over the lack of progress towards solving Europe's debt crisis.

The Monetary Policy Committee(MPS) voted unanimously for an additional £75bn of quantitative easing at its latest meeting.

Credit agency Moody's has cut the rating of Spanish government bonds by two notches, echoing Standard & Poor's decision two days ago.

Rating agency Moody's has issued a warning on France's AAA-credit rating, saying it may downgrade its outlook for the country based on its overstretched budget.

Bailing out the banks is not a solution to the debt crisis, and eurozone leaders should let troubled banks fail, said investment veteran Jim Rogers.

Low-profile F&C manager says attracting investors to mid-caps tough in current climate.