SVM's Colin McLean is poised to sell out of the largest and most profitable holding in his £43m UK Growth fund after a drawn out battle by bidders.
Brent crude oil prices could drop by almost 50% to $50 a barrel within the next three months if the eurozone crisis escalates, Credit Suisse has said.
Mark Holden has lifted the £107m UK Focus fund out of the bottom quartile by concentrating the portfolio into just 21 stocks.
Oil major BP saw profits fall in the first quarter of the year, led by its downstream business, but has held its dividend at 8 cents per share.
Oil giant Royal Dutch Shell has reported a rise in profits owing partly to strong demand for energy which is keeping oil prices high.
BP has reached agreements with 100,000 individual plaintiffs to resolve claims from the 2010 oil spill - costing the company $7.8bn.
Commodity prices could rise by as much as 20% in the second half of 2012 while forecasts for falls in mining stocks are overdone, according to Credit Suisse.
Oil prices edged back slightly from a three-week high on hints the world's largest oil producer is poised to boost output.