The FTSE 100 opened lower in early trading, falling 0.24% or 13.76 points to 5740.09, despite a raft of positive earnings announcements.
Henderson's Bill McQuaker has initiated short positions on the FTSE 100 and S&P 500 across his multi-manager range on expectations of near-term pressures for equity markets.
The FTSE 100 fell 0.16% to 5,774.29 in early trading, despite British Airways shares rising this morning.
The FTSE 100 opened positively, up 0.45% or 25.88 points to 5,753, despite food retailers dragging on the index.
Tony Lanning, head of multi-manager at Gartmore, explains the thinking behind the group's MultiManager Absolute Return fund range
The FTSE has made modest gains in early trading, boosted by the buoyant performance of US stocks yesterday and strong economic data from China.
Miners rebounded from yesterday's falls to lead the way in early trading this morning, driving the FTSE 100 up 22.3 points (0.4%) to 5,784.
The FTSE 100 ended the day largely unchanged, closing down 0.28% or 15.99 points to 5,761.
The FTSE 100 has opened 0.06% or 3.24 points lower to 5,774 in early trading as rises in retail stocks were offset by falling mining shares.
Thomas See discusses the design and running of the Schroder Income Maximiser