The Investment Association (IA) is considering campaigning for corporate pay reform, according to Sky News.

The managers of the £3.4bn Scottish Mortgage trust said they need to 'renew their thinking' about some of the portfolio's key themes, after seeing opportunities become "exhausted" in the last few years.

Deutsche Bank shareholders voiced their lack of confidence in the company's leadership during its annual meeting yesterday, with 39% voting against approving the performance of the group's co-chief executives.

The departure of Newton's Asian Income manager Jason Pidcock came as a shock to fund buyers earlier today, but what are the options for those wishing to move their cash?

Gary Greenberg, head of emerging markets at Hermes, said fears over the impact of a US interest rate rise seem excessive and investors need to question the consensus.

John Bennett, head of European equities at Henderson, has said he wished he could increase his weighting to small caps in his open-ended funds, as they currently offer the "best value in Europe".

Towry has appointed Ashcourt Rowan's managing director Steve Midgley as head of sales strategy and operations following its acquisition of the firm.

The S&P reached a further record high at closing yesterday, as disappointing economic data coming out of the US alleviated fears of an interest rate rise in the near future.

Allianz Global Investors has cut the fees across its four-strong multi-asset RiskMaster fund range.

Royal London Asset Management (RLAM) has added a new cash fund to its range in a bid to capitalise on the success of its Cash Plus fund.