Vodafone, the second largest mobile operator in the world, has seen a sharp fall in revenue due to lack of demand and increased competition in Europe.
The S&P 500 saw its biggest gain in more than a month on Thursday, supported by technology stocks and strong GDP data.
Investors are better off looking away from the US for their developed market equity exposure, Cazenove Capital multi-manager Marcus Brookes has argued.
Robert Jukes and Edward Smith, global strategists at Canaccord Genuity Wealth Management, have listed five key investment themes for the new year.
SVM Asset Management has promoted two investment analysts to deputy managers to assist Neil Veitch and Hugh Cuthbert on the management of their flagship funds.
Rathbones' chief investment officer Julian Chillingworth has labelled the apparent value in European equities ‘misleading', claiming the region is in for another year of anaemic growth.