MPs call for end to ‘LTIPs’
Long-term incentive plans, including complex share awards to top executives at UK businesses, should be abolished “as soon as possible”, the Commons business select committee has urged. (Telegraph)

Pimco fund tops active rankings
Pimco’s Income Fund surpassed TCW Metropolitan West Total Return Bond Fund in March as the biggest actively-managed bond fund in the world, figures released by the data provider Morningstar reveal. (WSJ)