Invesco Perpetual's Mark Barnett has warned the present financial crisis is worse than the turmoil seen in 2008 when Lehman Brothers collapsed.
F&C's Ted Scott has called on the Monetary Policy Committee (MPC) to abandon plans for QE2 and buoy the economy using fiscal measures.
The Dow Jones has opened slightly down, following a day of volatile trading in Europe.
This year's Investment Week Senate Autumn Investment Conference may have been held at an historic mansion house estate (Luton Hoo) but the thoughts of our delegates and fund managers were very firmly on the future.
European markets fell back into the red on Friday as investor concerns about the global economy returned.
European officials are planning to speed up the recapitalisation of 16 major banks that nearly failed last summer's stress tests as the economic crisis gripping the region worsens.
Prime Minister David Cameron warned last night the global economy is under threat by the failure of eurozone leaders to agree a lasting deal to stabilise the single currency.
US shares tanked at opening, copying markets across Europe, as investors Stateside gave the Fed's latest efforts to stave off recession the thumbs down.