The FTSE 100 has opened in the red, falling 0.23% or 13.67 points to 5,970.66 this morning as December's US non-farm payroll number, announced on Friday, came in well below forecasts.

Andrew Bell has reshaped 40% of multi-manager mandates in the £1.16bn Witan investment trust in a move towards a more active management style.

US labour market data released today failed to meet expectations but Neptune's head of US equities Felix Wintle says the figures point to economic recovery.

Paul Carne has altered the European equity holdings in his £314m multi-manager Lifestyle range, cutting three managers including Cazenove's Chris Rice.

The sovereign debt crisis in peripheral eurozone economies will not spill over into Northern Europe in 2011, says Invesco's chief economist John Greenwood.

The FTSE has broken through the 5,900 barrier, up 0.56% or 32.89 to 5,904 at 3pm, to reach a 52-week high.

Iain Stewart, manager of the Newton Real Return fund, explains why targeting an absolute return is a reasonable response to a changed investment landscape.

Foreign & Colonial will attempt to persuade key shareholders in the New Year to reject activist investor Sherborne's attempts to shake-up the group's board, according to the Daily Mail.

The FTSE had a volatile start to this week's trading as investor fears over the eurozone crisis took hold but the index is now up 0.12% to 5874.

Investment trust managers are optimistic equities will rally in 2011 and 77% expect the FTSE 100 to end the year between 6,000 and 6,500, according an AIC survey.