US treasury yields have fallen to their lowest level since last summer as concerns over Iraq and Ukraine spur a fresh flight to safety.
Equity Income fund managers are yet to warm to the tobacco sector, despite a strong 2014 for stocks driven by M&A and their defensive qualities.
HSBC, the largest listed bank in the UK, has reported a sharp drop of 12% in its first half profits for 2014, as declines in emerging markets impacted the group.
BlackRock has soft-closed its European Opportunities Extension fund at £540m to protect investors.
Global shares and US treasury yields fell on Thursday and Friday while gold soared as investors sought safety following a passenger jet crash in Ukraine.
Investors are entering one of "the most dangerous phases" of the economic and market cycle, Henderson's co-head of multi-asset has warned.
J O Hambro Capital Management (JOHCM) has recruited a former Fidelity investment team ahead of the launch of a small and mid-cap US equity fund this quarter.
The US' two main markets climbed to record highs on Thursday, driven by better than expected jobs data.