Technology giant Apple saw shares dive 10% in after-hours trading, wiping $50bn off the market cap value, as its latest update to the market left analysts underwhelmed.

PIMCO has made its global multi-sector bond strategy available to UK retail investors for the first time.

Barclays has threatened "substantial" job cuts in its London investment bank, ahead of a review of its operations by new chief executive Antony Jenkins.

Liontrust's new Global Strategic Bond fund will avoid corporate bonds and favour emerging market government debt and currencies.

Allianz Global Investors is planning the launch of a closed-ended infrastructure debt fund backed by the UK government, to be run by a specialist debt team hired in July last year.

EFG Asset Management, part of Zurich-based private bank EFG International, is launching a multi-asset OEIC in April as part of its expansion into the UK.

Aberdeen Asset Management's multi-manager team is backing equities to outperform this year, and is focusing particularly on Asia, with an overweight to the region.

Pictet Asset Management has launched an Emerging Corporate Bonds fund for recently appointed head of emerging credit Alain Nsiona Defise.

The SWIP Absolute Return Bond fund received a significant boost in Q4 from exposure to the European periphery, such as Italy and Spain.

Jon Bailie has joined Pioneer Investments to head up distribution efforts in Western Europe and Latin America.