Ian Aylward has cut Aviva Investors' multi-manager exposure to US equities to an underweight position for the first time since 2011, fearing the stocks are deeply over valued.
Talks between eurozone finance ministers on the future of Greece's bailout have come to a dead end, heightening fears of further market turmoil in case Greece is left with no European support.
Did the Swiss franc just become the new Deutschemark?
Ecclesiastical's Robin Hepworth has said fears the upcoming general election will have a detrimental impact on the UK equity market are overstated.
What are the prospects for the eurozone in 2015?
Hedge fund Everest Capital has closed its largest fund after sustaining heavy losses on the Swiss franc's dramatic move last week.
The euro tumbled more than 25% against the Swiss franc on Thursday, triggering volatility in stocks, bonds and other currencies, after the Swiss central bank abandoned the currency "ceiling" introduced in 2011.
JPMAM's market strategist Stephanie Flanders has said she expects the ECB to act imminently to shore up the economy after the eurozone fell into deflation in December.