Goldman Sachs Asset Management has soft-closed its N-11 Equity Portfolio less than three years after launch, as assets in the strategy swelled beyond $1.7bn (£1.1bn).
Barclays has been dragged into the scandal surrounding Liberty Reserve, a US cash-transfer business accused of running the biggest money-laundering operation in American history.
India has recorded its worst GDP growth in a decade as fears persist over high inflation and a slump in manufacturing.
UK equity markets have got off to a flying start this year, with the FTSE All Share and FTSE 100 both enjoying double-digit returns, but which stocks have stood out?
Japan's Nikkei 225 has suffered its second huge fall in a little over a week after the index closed down 5% overnight.
Equity funds regained their position as best-sellers in the UK market in April, according to the latest figures from the Investment Management Association (IMA.
Schroders has moved to fill its vacant head of UK equities position following Richard Buxton's departure, handing the role to its head of European equities Rory Bateman.
Major indices across Europe have opened lower this morning, reversing gains made yesterday as the IMF cut Chinese growth forecasts.