Ian McVeigh and Steve Davies, managers of the £1.1bn Jupiter UK Growth fund, have said domestic investors should be wary of a number of ‘disruptive events' which could impact share prices over the next 12 months.

The St James's Place UK High Income fund and two other portfolios have become the latest to exit the IMA UK Equity Income sector for failing to meet yield requirements.

Schroders has hired two listed real estate managers from Australia's AMP Capital to create a new property team as it takes over the Investors in Global Real Estate trust.

Hasenstab: This market offers no extreme outlier opportunities

Aon Hewitt's Craig Nowrie is to join Threadneedle as a portfolio manager in Toby Nangle's multi-asset allocation team.

Woodford Investment Management raised £1.6bn for the CF Woodford Equity Income fund during its offer period this month, the company has announced.

The Financial Conduct Authority (FCA) has charged a former Schroders equities trader with nine counts of insider dealing.

Schroders is among a group of investors to have acquired a $32m (£18.8m) stake in online wealth manager Nutmeg.

The Fundsmith Emerging Equities trust will list on the London Stock Exchange tomorrow after raising £193m in its offer period.

Sterling has fallen back below $1.70 after Bank of England Governor Mark Carney sounded a more dovish tone on base rate rises.