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?
Tesco has said it "sincerely regrets" the accounting error which overstated profits by £263m and is forecasting volatile times ahead for the firm.
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".
Wealth manager Courtiers is preparing to launch three income funds in a bid to attract pension savers.
Simon Brazier, manager of the £203m Investec UK Alpha fund, has joined the debate on Tesco, arguing the supermarket giant fails to meet his key criteria for investment.
F&C's European equities manager Mark Nichols is leaving his role to join Columbia Threadneedle Investments as portfolio manager in its European equities team.
Can Mexico be given a clean bill of health?
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.
Deutsche Bank could move parts of its business from the UK to Germany if a referendum ends the UK's membership of the European Union.