Anthony Cross and Julian Fosh, the managers of the £134m Special Situations fund, highlight five bargain stocks they have snapped up during the volatility of recent weeks.

UK output softened in the three months to August, and if the economy weakens further it will pave the way for more QE, according to the National Institute of Economic and Social Research (NIESR).

London's leading share index has rebounded from yesterday's turbulent session, with investors finding value in depressed bank stocks.

Rathbone's multi-manager David Coombs has upped exposure to index trackers and investment trusts as recent volatility moved them to more attractive valuations.

Luke Hickmore, the manager of the £77m SWIP Strategic Bond fund, has upped exposure to high yield and investment grade cross-over indices in a short-term bid to protect the portfolio against unknown risks in the market.

Rathbones' Income manager's softens defensive stance to buy media and hotel stocks.

Legg Mason is expanding its retail range for UK investors with the launch of a US equity income fund, previously only available to US investors and run by New York-based subsidiary ClearBridge Advisors.

Proposals to ring-fence UK-based banks could dent profits by up to 15% within three years, according to Morgan Stanley research, the Telegraph has reported.

The US is in much worse shape than Japan and could face three to four decades of slow-growth, Jim Rogers told the BBC today.

Fund managers have backed technology poster child Apple to continue to shine despite the departure of charismatic CEO Steve Jobs.