Investment | 3 Apr 18

Global equity funds with large allocations to tech could trigger a “wider problem” if Monday’s sell off continues, with many investors exposed to the sector even if they do not have direct holdings.

Companies | 3 Apr 18

A Wall Street heavyweight has joined Man Group, while BMO Global Asset Management has made three senior hires to bolster its socially responsible investing and Ostrum Asset Management has hired an equity chief investment officer.

Industry | 3 Apr 18

A US judge showed leniency in the tax evasion trial of rapper DMX after listening to one of his hit tracks about his difficult childhood.

Emerging Markets | 3 Apr 18

Saudi Arabia’s promotion from frontier to emerging market in FTSE Russell indices is an opportunity for short-term investors to take profits, while longer-term investors can take the announcement as confirmation the market is moving in the right direction.

Asia | 3 Apr 18

A disgraced Australian businessman has been sentenced to 10 years in jail for his involvement in a A$135m (£74m, $103m, €84m) international tax avoidance scam, bringing an end to what has been described as the largest tax fraud case in the nation’s history.