Neptune's Felix Wintle has positioned the £400m US Opportunities fund to play the housing recovery theme as he predicts the sector is 10% undervalued when you consider the huge pent up demand about to hit housing starts.
US President Barack Obama and Republican challenger Mitt Romney locked horns over the economy last night in their first televised presidential debate.
Internet search giant Google has become bigger than Microsoft in terms of market cap after its shares surged 30% in the last quarter.
A former Credit Suisse trader was arrested in London on Wednesday and faces extradition to the US on fraud charges involving subprime mortgage bonds worth $3bn (£1.9bn).
The boss of a futures brokerage has pleaded guilty to embezzling over $100m from 24,000 customers in the US state of Iowa.
The FTSE 100 gained more than 80 points in early trading while global markets leapt higher overnight, lifted by the Federal Reserve's latest round of quantitative easing.
The Federal Reserve has unleashed a third round of quantitative easing to support the US economy following a wave of poor data and a weakening labour market.