Former Lehman Brothers CEO Dick Fuld believes the investment bank may have been able to survive if US authorities had given it the same assistance as its rivals.
Newly-formed group Alquity Investment Management has launched an Africa fund for UK retail investors that sees 25% of management fees donated to support humanitarian projects in the region.
Renowned fund manager Bill Miller of Legg Mason says after years of underperformance, the current market represents a "once-in-a- lifetime opportunity" to buy US large caps at a significant discount.
Sarasin's Mark Whitehead has increased his fund's long equity exposure from 40% to 60% since July, attracted by low valuations and a strong Q2 reporting season.
More than a tenth of the 7,380 banks in the US remain at risk of failure despite the sector posting strong profit growth during the second quarter.