Economics

Barings' Agnes Deng is increasing exposure to Chinese banks within the £2.5bn Hong Kong China fund as valuations fall to levels last seen during the banking crisis.

Fund managers have backed technology poster child Apple to continue to shine despite the departure of charismatic CEO Steve Jobs.

RWC Partners has soft-launched a Global Value fund for former Schroders income stars Nick Purves and Ian Lance.

The FTSE 100 is expected to extend gains made in the past few days after Asian and American markets climbed overnight on positive US economic data.

Apple's Steve Jobs has resigned as chief executive of the technology giant, announcing he could no longer continue in the position following his battle with cancer.

Gold prices took a nose dive overnight as investors u-turned on risk assets ahead of an expected round of further stimulus in the US, leaving the price more than $160 lower.

The cost of buying insurance on debt issued by the Royal Bank of Scotland has hit a record high as fears over bank funding return to plague markets.

Fidelity's Sanjeev Shah has highlighted a range of stocks he is backing following the sell-off in global markets.

Fidelity's Sanjeev Shah, manager of the group's £2.7bn Special Situations fund, said UK share prices look their most attractive for two years following the sell-off in markets.

Advisers have rushed to income-generating funds amid recent market turbulence, according to FundsNetwork sales figures.