J.P. Morgan Chase, the US banking giant based in New York, saw profits fall 3.1% overall in Q1, but still beat analysts' forecasts.
Newton has renamed its £1.1bn International Growth fund as former CIO Jeff Munroe takes over as manager.
Henderson's Chris Burvill has forecast global equities could rally by as much as 20% in 2012 if more positive economic data continues to be seen from major economies.
Most investors would be better off using index funds than active managers, but high quality corporates can still prosper in 2012, according to Terry Smith.
The IMA could be ready to launch its delayed fourth Managed sector in the coming months, following a pick-up in interest from fund groups.
Which markets fared best during a tumultuous year?
Discretionary fund manager Saltus has launched a global equity fund in an extension of its IFA-focused offerings.
Threadneedle has hired Martin Currie global equities manager Neil Robson to run its Global Focus SICAV.
Neptune is launching a global long/short fund for founder Robin Geffen and Ted Alexander on 1 November.
US equity markets have opened higher as markets react to better than expected US jobs data for September.