Pimco, the manager of the world's largest bond fund, has been selling down treasuries as it expects a second round of debt purchases by the Federal Reserve to have limited impact.
Janus Capital has launched a US large-cap growth fund based on a mandate which has been in existence for American investors for 40 years.
On what looks likely to be a quiet day for UK corporate news, traders are focused on the US where September's non-farm payrolls numbers are due to be released this afternoon.
The SEC has charged two employees of Boston-based State Street with misleading investors over exposure to sub-prime debt.
The asset management division of US banking group Wells Fargo is making its US-domiciled emerging markets fund available to UK investors as a Luxembourg Sicav.
The US Treasury could announce plans to return independence to insurance giant AIG as early as this week.
BP's disastrous Gulf of Mexico oil well was permanently sealed yesterday, finishing what was the worst offshore oil spill in US history.