Equities

EUROPE

Prusik Investment Management has soft-closed its Asian Smaller Companies fund at $160m.

Invesco Perpetual's Neil Woodford is backing the Thomas Cook turnaround story, Investment Week can reveal, and has bought his first FTSE 100 financial since the crisis.

The government is planning to take Royal Mail private in the coming weeks, but would you be rewarded for taking a stake in the business?

Shares in Facebook have passed their previous high of $45, set on their first day of trading in May 2012.

The Royal Mail is to be privatised within weeks, giving every person in the country a chance to take a stake in the business.

Old Mutual has replaced Jupiter and Newton on a number of mandates within its £234m European Best Ideas fund with a range of in-house Old Mutual managers and Alken's Nicolas Walewski.

Shares in Apple have plummeted more than 5% this afternoon, after a disappointing reception for the tech giant's two new iPhone models released last night.

Skagen has appointed a new portfolio manager, Hilde Jenssen, to the emerging markets focussed Skagen Kon-Tiki team.

The Ignis International China fund has had consistently strong performance over the past three years, and manager Diamond Lee has revealed the five stocks powering it to the top.