cash

Investment veteran Warren Buffett is running cash levels just shy of his career all-time high, after his company Berkshire Hathaway reported profits climbed 72% in the third quarter.

Spooked investors nervous about the outlook for major economies around the globe are buying record amounts of short-term assets.

Investment Quorum's investment committee is looking to deploy cash piles into the markets on its model portfolios as it urges clients to "be brave" and embrace opportunities found in market volatility.

QUANTITATIVE EASING

Fund managers have increased cash positions significantly in the last month as investors scale back their risk-taking, a recent survey found.

Iain Stewart and Suzanne Hutchins have raised the cash position in the £4.5bn Newton Real Return fund to 26% in an effort to manage volatility in the portfolio.

EQUITIES

Mark Holden has revamped the Ignis UK Focus fund since taking over last month by cutting all financials exposure, reducing the number of holdings and increasing cash.

Rathbones' Income manager's softens defensive stance to buy media and hotel stocks.

The delay in the US government's efforts to raise its debt ceiling now means it holds less cash on its balance sheet than tech giant Apple.