UK mid-cap companies have been the sweet spot of the domestic investment universe of late, returning around double the amount achieved by the largest UK companies, but where are the best opportunities now?

F&C Investments has hired ex-Aberdeen manager Scott Spencer to work on its multi-manager team, reuniting him with Gary Potter and Rob Burdett.

First State has lowered the annual management charge on five of its specialist funds from 0.85% to 0.75%.

Eurozone inflation fell to 0.5% in March, down from 0.7% in February, according to preliminary estimates, putting further pressure on European Central Bank chief Mario Draghi.

BNP Paribas Investment Partners' flagship Parvest fund range is now available to private bank clients and external distributors for the first time.

Holdings in cash among wealth managers have been rising in recent months as profit-taking off the back of rising equity markets, coupled with fears over slowing global growth, prompt valuation fears for some risk assets.

Psigma Investment Management has made a play for Barclays Wealth clients with less than £500,000, after the bank itself scrapped its bespoke service for lower net worth clients.

Andrew Cole, investment director at Barings, has warned sterling "could get ugly" during the next six months, ahead of the 2015 general election, but said it remains the best of a bad bunch for now.

The Co-operative Bank has revealed it must raise £400m via a new share issue after discovering additional costs related to PPI mis-selling.

Miton has seen assets under management grow to £3bn mark in the year to 31 December following inflows and the acquisition of PSigma Asset Management.