Apple shares leapt as trading began on Wall Street today after it reported yesterday that profits had almost doubled in a single quarter.

Australia is offering better opportunities than Asia for income investors, according to Jason Pidcock, manager of the £1.8bn Newton Asian Income fund.

Commodities investor Jim Rogers is poised to add to his gold position as he anticipates a potential systemic shock, such as eurozone bankruptcy or further Indian tax hikes, may lead to further weakness in the spot price.

US

Shaun Meadows, group product and channel strategy director at Aviva Investors, has become the latest employee to leave the company.

Capita Registrars has cut its forecast for dividend growth to 8.2% for 2012, despite payouts reaching record highs in Q1.

Newton has completed the merger of its £62m Newton UK Equity and £95m Growth funds into the £1.2bn Income fund, re-naming the product the Newton UK Equity fund.

Spanish and Italian bond prices have continued their decline as G20 leaders told European politicians responsibility for the debt crisis lies with them.

Peter Cockburn's £371m SWIP UK Select Growth and £124m UK Opportunities funds have been handed to James Clunie with immediate effect, as part of a shake-up at the firm which will see 23 investment roles culled.

Alain Dromer is to step down as CEO of Aviva Investors after insurance group parent Aviva revealed plans to simplify its business.