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.
Jupiter is looking at a sale of its private client business after receiving an unsolicited bid for the division, according to reports.
Ashcourt Rowan has completed the acquisition of Generali Portfolio Management (UK), a deal which gives the group an additional £215m in discretionary assets under management.
The US added far fewer jobs than expected in December, according to latest payroll data, with the disappointing numbers partially blamed on bad weather.