J.P. Morgan is set rename its £447m Brazil Alpha Plus fund and increase its net long positions next month.
Ratings agency Moody's has cut the Republic of Ireland's debt rating to junk status.
Newton's managers have warned an Italian bailout would cause deadlock in the European banking system and herald the end of the eurozone in its present structure, as the sovereign debt crisis deepens.
News Corporation has moved to shore up its share price with a $5bn stock repurchase programme.
M&G's Stuart Rhodes is poised to drop a handful of stocks from his £1.1bn M&G Global Dividend fund in the expectation they are set to cut their dividend.
MAM Funds has closed Sam Liddle's CF Midas Global Income fund after assets dwindled to the point it was no longer economical to run.
Aegon has confirmed it will rebrand its UK asset management arm as Kames Capital later in the year as Investment Week exclusively revealed earlier this afternoon.
Mark Mobius has warned it will take until the end of 2011 for China to overcome its inflationary problems.
Dalton SP's Peter Kaye has slashed his exposure to energy and technology sectors in favour of defensive stocks on negative US sentiment, but forecasts a bounce back in the US equity market.
Investment Week's Fund Manager of the Year awards took place last Thursday at London's Royal Albert Hall. Watch the guests arrive at the event in this short video and see if you can spot yourself or your colleagues.