Equities

T. Rowe Price has added a European High Yield Bond strategy to its fixed income range, managed by Mike Della Vedova.

A Federal Reserve official has called for more "monetary accommodation" to tackle surging unemployment and the country's under pressure mortgage market.

Luxury fashion house Burberry Group, a long standing favourite of Schroders' Richard Buxton,reported a rise in half-year profits to £158.7m driven by improved sales in areas like China.

Neptune's Rob Burnett is eyeing European banks for his equity portfolio as he believes the sector will be supported by full fiscal union - an option he thinks is becoming increasingly likely to rescue Europe from its debt crisis.

The Prime Minister David Cameron said the eurozone debt crisis presents an opportunity to reform the European Union and for powers to "ebb back" from Brussels to Westminster.

Income giants Jupiter's Anthony Nutt and Invesco Perpetual's Neil Woodford are divided over the likelihood of the UK falling back into recession.

Warren Buffett has warned European leaders are not doing enough to reassure markets they will do what it takes to solve the debt crisis, risking a run on the region's banks.

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