Royal Mail, which was recently floated on the stock exchange, has announced it is scrapping a total of 1300 roles in a cost-cutting drive, with shares falling as the initial cost of the cuts spooks investors.
Charlie Awdry has cut the number of holdings in his Henderson China Opportunities fund to create a more focused portfolio, while selling his last Chinese property holding as the indebted sector continues to struggle.
Schroders has sold down its stake in beleaguered annuity provider Just Retirement group on Budget day, as Chancellor George Osborne dealt a huge blow to the industry.
The Kennox Strategic Value managers have been foraging for stocks left behind after last year's market rallies, searching for opportunities across Europe.
Fidelity Worldwide Investment has cut the annual charge on Anthony Bolton's China Special Situations investment trust ahead of the handover to incoming manager Dale Nicholls.
Fidelity's top performing fund manager Alex Wright has said the group will not let its flagship Special Situations fund grow to the size seen under previous manager Anthony Bolton.