Nigel Thomas, manager of the £2.8bn AXA Framlington UK Select Opportunities fund, has said UK equities are cheap, but have little scope to rise in the current environment.
Last month equity funds in the IMA sectors saw their largest monthly outflow since October 2008, the peak of the financial crisis.
Schroders' Richard Buxton has defended his banking positions, saying troubled UK lenders could be returning 15% on equity by 2015.
Nick Train, manager of the £333m Lindsell Train UK Equity fund, has said the most important development for equity markets in Q3 had nothing to do with Greece or the eurozone.
The FTSE Group has launched a consultation on whether it should raise its minimum free float requirement from 15% to 25%.
BlackRock is bringing a version of its concentrated UK Focus fund, managed by Luke Chappell and Imran Sattar, to the retail market.
Eden launches UK Select Opportunities fund for former Gartmore head of UK equities
Walker Crips managers Steve Bailey and Jan Luthman have cut exposure to gold ETFs by 20% deeming it a ‘crowded trade'.