Neil Woodford has told Hargreaves Lansdown's head of research, Mark Dampier, he is wary of a re-run of the eurozone crisis which began in late 2009 and battered stocks across the continent.
Britain's growth rate could reach as high as 4% this year as the recovery accelerates, economists have said.
Wealth management giants including Rathbones, Towry and Quilter are said to be looking at a £50m acquisition of Jupiter's private client business, and a sale now could enable the group to pay a special dividend to shareholders, analysts have said.
The US added far fewer jobs than expected in December, according to latest payroll data, with the disappointing numbers partially blamed on bad weather.
Asian stock markets swung between losses and gains overnight after a slowdown in Chinese trade data.
Some of the UK's largest asset managers could face more onerous financial requirements after regulators unveiled proposals to subject fund giants to greater scrutiny.
Shares in some of the UK's leading retailers - including Morrisons and Tesco - were tumbling this morning as poor Christmas trading impacted retail bellwethers.
The Federal Reserve saw jobs growth in the US as the trigger to begin tapering QE, and has raised its economic growth forecast, the minutes of the last Federal Open Market Committee (FOMC) meeting reveal.
Analysts at Canaccord Genuity have raised their price target for Aberdeen Asset Management by more than 10% following its deal to buy Scottish Widows Investment Partnership (SWIP).
J.P. Morgan Asset Management's chief markets strategist - former BBC economics editor Stephanie Flanders - forecasts better times ahead for global markets in 2014.