Equities

The FTSE 100 has dropped 2.5% this afternoon as worse-than-expected US retail sales data darkened investors' moods further this afternoon.

Aberdeen Asset Management's head of North American equities Paul Atkinson will be leaving the firm at the end of June.

Lyxor Asset Management and Capricorn Capital have launched a long/short global emerging markets fund as the French asset manager expands its alternatives capabilities.

Assets under management at emerging market specialist Ashmore fell nearly 11% during the last quarter of 2014 as a fresh market sell-off weighed on its funds.

Hideto Yamamoto, chief executive officer & chief investment officer at DIAM International, explores what Japan needs to do if the Topix is to pass 1,800 for the first time since 2007

Stephen Adams, head of UK equities at Kames Capital, has been promoted to head of the group's wider equities business.

Nine challenges facing the eurozone

Investment Week publisher Incisive Media has agreed a refinancing deal which sees private equity firm Alchemy Partners take a majority stake in the business.

Standard Chartered has said it will shut its equities business and axe jobs as it continues in its attempts to cut costs in order to boost its bottom line.

Beleaguered supermarket Tesco is planning a cost-cutting drive which will see it cancel its full-year dividend, close stores, and appoint a new UK CEO in a bid to reverse its fortunes.