US

Advance from 2009 lows

Combined AUM of $8bn now in ABS

Bought 9.81 million shares in Q1

Nick Peters, portfolio manager on the Fidelity Solutions team, talks to Katrina Lloyd about the strength of the US economy and the potential impact of this year's presidential election.

Strong fundamentals in Cisco and Microsoft

Views from the Sage of Omaha

Healthcare was one sector that did not fully participate in the recent stockmarket rally and finished the first quarter as the worst performer in the S&P 500 index, writes Legg Mason's Evan Bauman.

To remain at firm as partner

Shares dropped 90% since summer

Says they "eat up capital like crazy"