Premier's Chris White is taking advantage of bearish market sentiment by boosting cyclical exposure and trimming defensives in anticipation of a bounce in equities.
UK unemployment rose by 118,000 in the three months to November to 2.69 million, the highest level since 1996.
Neil Woodford has delivered a blow to European markets' positive start to the year, warning the eurozone is on the brink of entering recession.
PIMCO chief executive Mohamed El-Erian has said Greek debtholders need to take a greater haircut than planned in order to make the country's economy sustainable over the medium term.
Newton Investment Management's chief investment officer Jeff Munroe has moved to become head of global equities, as the group shakes up its management team.
Ignis Argonaut's Barry Norris believes concerns over a possible euro collapse are overstated, despite S&P's raft of downgrades last Friday putting further pressure on the single currency.
The euro has reached an 11-year low against the yen and has fallen sharply against the US dollar as investors sold the single currency following S&P's mass eurozone downgrades last Friday.
Standard Life Investments' Harry Nimmo is set to run a significantly overweight position in the UK when his Global Smaller Companies fund launches on 18 January.
Fidelity Worldwide Investment's group chief investment officer has warned the European Financial Stability Facility (EFSF) is next in line to be downgraded by ratings agencies.
Nearly a fifth of investment trust directors do not invest in their own companies, the latest ‘Skin in the Game' report by broker Collins Stewart has revealed.