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Adviser Glass Lewis criticises remuneration of incoming finance chief Jason Windsor

Investors pulled £9.5bn from UK asset manager’s funds in second half of last year

UK asset manager reports better than expected results but faces challenge to turn around its fortunes

Plus, Pierre Andurand’s copper conviction, private equity curtails hedge funds, and Fragile Beauty at the V&A

An investor’s horror story, about £10bn of value has disappeared since a merger created the company

‘I felt tired of a particular dark, brooding portrait, and my mood lifted after I replaced it with a brighter still life’

State oil company Adnoc to make formal €14.4bn offer for Covestro in biggest European deal this year

Decision to exit two of the tycoon’s companies comes after IHC hailed them as a ‘long-term investment in India’

State-backed group MGX in discussions over ambitious plans by Sam Altman to build semiconductor business

Deal with Thoma Bravo to invest in Qlik shows growing role of Middle East investors