Schroders' head of US large-cap equities Jonathan Armitage is leaving the firm after almost two decades to return to Australia.
A third round of quantitative easing in the US would lead to the collapse of the dollar, M&G's Jim Leaviss has warned.
Felix Wintle, the manager of the £673m Neptune US Opportunities fund, has blamed a tough first quarter this year for his fund's lacklustre performance over the last 12 months.
Leading fund managers including RWC income duo Ian Lance and Nick Purves have removed US dollar hedges on their portfolios in the view the currency has bottomed, leaving them at odds with currency specialists who predict further falls.
PIMCO's Bill Gross has urged investors to focus on emerging market debt and shun US government bonds amid low rates and rising inflation which have left treasuries looking "overvalued for decades".
Artemis' Jacob de Tusch-Lec has sold down positions in the US and increased his weighting to emerging market stocks after the US' leading index hit a three-year high.
The US stock market could correct by up to 10% in the summer, according to Tom Walker, manager of the £707m Martin Currie North American fund.
The price of gold soared yesterday to hit a new record before falling back following the death of the world's most wanted man, Osama Bin Laden.
The Federal Reserve last night cut its growth forecast for the US and warned inflation is higher than expected, while hinting QE2 is on track to finish in June as planned.