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The UK economy shrank more than previously feared in the final quarter of last year, the latest official figures have revealed.

FOUR Capital Partners' UK team have been boosting exposure to cyclical companies that were sold off in last summer's market correction.

Invesco Perpetual's income stalwart Neil Woodford remains convinced pharmaceuticals are the buy of the decade, stating the sector is now the cheapest it has ever traded.

Franklin Templeton's emerging market heavyweight Mark Mobius has blamed the flood of initial public offerings (IPOs) in emerging markets during 2010 for EM stocks' underperformance last year.

Investors snapping up shares in UK-listed companies have never had it so good, with dividends payouts last year hitting an all-time high of £67.8bn.

Former LV= Asset Management chief investment officer (CIO) Piers Hillier has joined Kames Capital as head of overseas equities.

Henderson's head of global equities, Neil Rogan, has left the firm, Investment Week can reveal.