Alliance Bernstein (AB) has forged a distribution partnership with Raymond James’ UK wealth management arm, allowing clients to access nine strategies on its platform.
Brown Shipley has added to its Edinburgh office in a fresh push to expand its wealth management services.
Senior staff at Fidelity International have been offered voluntary redundancy as the asset manager tries to trim its size and cut costs.
A deadline for bids to buy out Old Mutual’s asset management arm has given firms two weeks to enter submissions, Reuters has reported.
Axa Investment Managers’ (IM) parent company is considering putting it forward for a merger, a report has suggested.
Nick Train has added Manchester United to his Finsbury Growth & Income Trust, his first new holding in two years.
Wealth firm Andrews Gwynne has branded demand for some bond products “mad” and a sign of how extreme markets have become.
Rathbones is investigating possible market abuse that is suspected of sparking a fall in its share price today.
The likelihood of lower returns and higher volatility has seen newly-founded wealth boutique, Lockhart Capital Management, unveil a new strategy which could see cash holdings rise substantially, according to head of investment, Andrew Wilson.
Daniel Godfrey’s The People’s Trust released an offer for subscription on Friday but the initial placement offer (IPO) will not happen until the 17 of October.
Mobeus Income & Growth is the latest venture capital trust (VCT) to launch a fundraising this week but keen investors should dive in before the well dries up.
Neil Woodford has spoken out about his fund's “incredibly painful” recent underperformance and promised to recover the capital lost in a newly released in-depth interview.
Shares in Barratt Developments took a tumble despite a set of solid full year results, including a 39% increase in its final dividend and another special dividend.
Baillie Gifford has reduced annual management charges across its range of UK Oeics and Irish Ucits funds, with effect from 1 October 2017.
Mattioli Woods' total revenue broke through the £50m mark in 2017, as the specialist wealth manager confirmed that M&A remains a "core part of its growth strategy."
Neil Woodford has backed online crowdfunding platform Seedrs with an extra £4m investment during its latest fundraising round.
Co-founder of Hargreaves Lansdown Peter Hargreaves is set to invest £25m of his money into a new fund managed by former colleague Stephen Yiu.
Nick Train’s Finsbury Growth & Income Trust (FGT) has made a massive comeback in 2017, which the manager says is largely down to the failed merger between consumer goods giants Kraft Heinz and Unilever.
Political talk has cast a shadow over biotech stock prices. And yet the sector has...