This week commodities dominated the headlines after a hefty sell-off in the gold market; while Schroders moved to replace outgoing manager Richard Buxton with a double hire.

US fund house Polen Capital Management is making a move into the UK market with the launch of the Polen Focus US Growth fund.

Hermes' marketing director Rob Page is leaving the firm to join Henderson Global Investors, Investment Week can reveal.

Schroders has added a retail sterling share class to its offshore Global Multi-Asset Income fund, opening it up to retail investors for the first time.

Schroders has poached Jupiter's Philip Matthews and Neptune's Alex Breese to replace Richard Buxton and Errol Francis when they move to Old Mutual Global Investors.

Franklin Templeton Investments has appointed David Zahn to head its European fixed income team following an overhaul of its strategy in this area.

UK consumer prices index (CPI) inflation remained unchanged at 2.8% in the year to March, after a slight rise during February.

The US' three major equity markets dropped overnight after a bomb blast at the Boston Marathon shook markets and weak data from China continued to weigh on stocks.

Economic growth in China slowed unexpectedly in the first quarter of the year, sparking concerns about the strength of the country's recovery.

Two of the largest pharma stocks in the UK market could have 30%-50% upside from here, according to Schroder income duo Nick Kirrage and Kevin Murphy.