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Outlook First Standard Chartered, then Experian, and now Sainsbury’s. It’s shaping up to be a year of boardroom upheaval, and it’s still only January. Who next? Well, a little bird tells me Schroders’ veteran chief executive Michael Dobson has sounded out confidants in the City about the idea of him becoming chairman of this granddaddy of fund managers, succeeding 69-year-old Andrew Beeson.

US government's spending cuts curb growth

The US economy did not expand as fast as initially thought in the first three months of the year, a new report showed yesterday, as Washington-mandated belt-tightening hit government spending.

Bill Browder: The financier is seeking justice in the death of a whistle-blower

Russian bid to keep tabs on London based campaigner fails

Financier Bill Browder is at forefront of a campaign seeking justice for Sergei Magnitsky, the Russian lawyer who exposed corruption before dying in a Moscow prison

Eric Holt’s fund has bought bonds that are secured on private schools

Mark Dampier: They say the only way is down but some bonds are yielding to no one

Forecasters have called the top of the bond market on numerous occasions over the past two years, but gilts have resolutely not behaved in the way in which many bond fund managers expected. Today, 10-year gilts are yielding  1.9 per cent. Yields may have touched a low of 1.4 per cent last summer, but in reality they have settled in a tight trading range.

Sony mull entertainment spin-off

Sony admitted today it could bow to pressure for a break-up of the Japanese electronics giant.

EU taps top oil traders for price-fixing information

The European Commission stepped up its investigation into oil price fixing as it sought information from trading houses such as the FTSE 100 giant Glencore.

Swiss role for Lonrho as it sheds Tiny Rowland roots

One of the most colourful chapters in corporate Britain finally came to a close today as the 104-year-old Lonrho agreed to a £175 million takeover bid from two Swiss businessmen.

Ex-BlackRock man held in insider trading inquiry

A former star fund manager at BlackRock has been caught up in the City regulator's latest sweep against insider dealing.

UK tycoon Talal Shakerchi 'loses £850,000' at poker

A hedge-fund tycoon lost more than £850,000 in a poker game at the weekend, it has been reported.

Corporate scheme deficits top £100bn in April

Pension schemes run by some of Britain's biggest companies are sitting on a cumulative funding gap of more than £100bn, as low bond yields crimp returns and send liabilities to record highs, according to Mercer.

Investment Insider: Sell in May? I'll more likely be a buyer …

The adage about market timing is not borne out by history

Ben Chu: The dumb money is still flowing into hedge funds – and it belongs to you

Outlook More money than God. That's one of the colourful descriptions of hedge fund managers and the title of a fine history of the industry by Sebastian Mallaby.

Markets surge lifts Henderson

The surge in stock markets this year has helped to boost Henderson's first-quarter results as more investors turn to equities.

Revealed: How L&G fought to nail the fat cats

Legal & General Investment Management held 15 meetings with Xstrata and Glencore last year to discuss concerns about their £56bn merger, it has emerged.

Market Report: The numbers add up for Aberdeen Asset Management

The City is full of analysts and number crunchers paid vast sums to predict how companies will perform. But yesterday the entire market was caught out on just how much a fund manager achieved. Aberdeen Asset Management took the City by surprise with a 37 per cent increase in profits and 36 per cent rise in dividend and its shares hit the top of the table, up by more than 8 per cent – or 33.4p – to 450.5p.

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Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

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Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

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The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
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The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

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Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

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Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

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Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

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A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
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Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
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KidZania: It's a small world

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