Shareholders of RSA Insurance have ordered the firm to be put up for sale after the discovery of a £500m shortfall on its books that forced the resignation of its chief executive.
Former Gartmore manager Guillaume Rambourg has launched his first long-only European equity fund for new venture Verrazzano Capital.
Neptune CEO Robin Geffen is buying into the Japanese recovery led by Shinzo Abe, dismissing comparisons to earlier efforts to revitalise the country.
After Shinzo Abe took power late last year, Japan has been 2013's undisputed success story.
Philip Saunders, portfolio manager of the the Investec Diversified Growth fund, has outlined four investment themes for investors to consider in 2014.
Royal Bank of Scotland has been fined $100m (£61m) by US regulators for violating US sanctions against Iran, Sudan, Burma, and Cuba.
Brian O'Neill, one of the country's longest-serving managers, is to retire from his role running the Henderson Global investment trust next year.