Manager of the Rathbones' Global Opportunities fund has ramped up his cash weighting to 15%, but plans to put it to work over the coming weeks.
The revelation of rogue trading at UBS follows a period of market volatility. That is nothing new, say risk managers.
Schroders Japan Alpha Plus manager says region will not be hit with crisis of confidence despite year's events.
Skandia is in talks with fund managers about retaining rebates in its pricing structure after unveiling details of its unbundled pricing model due out in the second half of next year.
Newton's Jason Pidcock is underweighting South Korea as he believes there is a strong possibility of integration with North Korea.
Falls in the multi-billion dollar US loan market during the summer turmoil have been labelled an anomaly by Neuberger Berman's managing director Joe Lynch.
Alliance Trust's head of fixed income says the only way is up for yields on gilts and treasuries amid record lows.
International Energy Agency cuts 2011 forecast by 200,000 barrels and 2012 estimate by 400,000, although price not expected to collapse.
Strategists have predicted inflation will fall back to target in the New Year when the VAT rise is stripped out of figures, freeing the Bank of England to pump in more money to stimulate the economy.
Ratings agencies S&P and Moody's have placed UBS' Aa3 rating on review for downgrade following its $2bn unauthorised trading loss.