Ignis Asset Management chief executive Chris Samuel is to exit the business next week when the takeover by Standard Life Investments completes, Investment Week understands.
The Fundsmith Emerging Equities trust will list on the London Stock Exchange tomorrow after raising £193m in its offer period.
River and Mercantile Group, the asset management and consultancy business which formed in February, is to list today at a price which values the business at £150m.
Hargreave Hale is seeking to raise £20m for its VCT range from new and existing investors.
Guinness Asset Management has launched the Guinness AIM EIS 2014, which is targeting capital growth and aims at investing in AIM-listed companies which qualify for EIS reliefs.
UK pharmaceutical group Shire saw shares jump 10% by mid-morning, after it revealed it rejected a £27bn bid approach from a US group.
Goldman Sachs' global equity team sees IT companies as main beneficiaries of improved tech infrastructure.
City Financial's Mark Harris has increased exposure to India following the election, despite concerns over the prospects for emerging markets if developed economies continue to wind up stimulus packages.