Mark Barnett, manager of the Invesco Perpetual UK Strategic Income fund, on why investors should not dismiss the out-of-favour UK equity market.
Skandia UK has announced a 5% fall in net inflows and funds under management for the first nine months of the year - but said it had outperformed wider industry trends.
The Dow Jones shed almost 300 points in yesterday's session with sentiment knocked following Greek plans to hold a referendum on the European bailout plan agreed last week.
Greece's Prime Minister George Papandreou has called an emergency cabinet meeting for this afternoon as speculation mounts the country's government is about to collapse.
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Thousands more Equitable Life policyholders could die before they receive compensation amid continuing government "incompetence", the mutual's chief campaign group has warned.
The S&P 500 closed up 3.4% overnight, boosting Asian shares and lifting the US index nearly 11% from lows seen last week.
The number of shares out on loan in September has risen by the highest level in five years as investors reacted to market falls by taking more negative bets.
The FTSE 100 has fallen a further 2.7% in early trading after the S&P 500 closed under 1,100 for the first time since September 2010.