BlackRock's Nigel Bolton has revised down his earnings outlook for European corporates this year, although he is more upbeat than the consensus on the region's prospects.
One of the most basic principles of investing is to invest when no-one likes a market.
BlackRock is to launch an absolute return equity fund able to invest across both North and South America later this quarter.
Former BlackRock analyst Burstow to run new Global Mining offering for Barings, with mandate to invest in mining equities across cap scale.
Fund management groups struggled to raise assets for new products last year, with just eight funds launched in 2011 taking in more than £100m, according to FE data.
Fund launches reached a decade low last year as groups held back new products in the face of market volatility.
With equity markets around the world diving in the latter half of the year amid the turmoil in Europe and global growth fears, a number of funds were hit particularly hard.
BlackRock's Evy Hambro has hinted his £3.3bn Gold and General fund may be set to pay out dividends for the first time in a decade.