Moody's has downgraded Ireland's sovereign government bond rating to Aa2 from Aa1.
Markets are at a transitional stage but whether they move in an upward or downward direction over the next six months is still unclear, according to LV= European manager Richard Falle.
HSBC has launched its GIF European Alpha Equity fund with its largest short exposure to the materials sector, including miners, which the manager thinks are overvalued.
Schroders' multi-asset managers have begun cautiously returning to European equities, using assets taken from the US.
Star European manager Guillaume Rambourg explains his exit from fund manager Gartmore and vows to regain approved status from the FSA.
Guillaume Rambourg, the European equity manager under FSA investigation, has resigned from Gartmore.