The average fee paid by pension fund clients has risen sharply in the last decade as the funds have focused on more expensive investments, according to a report.
Kames Capital has launched a series of measures to reinvigorate its UK Opportunities Fund, including appointing a new co-manager.
For the past several days the dollar has hovered at less than £0.77 to the pound, signalling that markets have “woken up to Trump” risks, according to Architas investment director Adrian Lowcock.
Chelsea Financial Services has launched a new range of four managed funds designed by Darius McDermott and the research team.
Old Mutual Global Investors has announced measures to reduce inflows of client money into its £540m UK Dynamic Equity fund run by Luke Kerr.
Online savings firm AJ Bell has reported rapid growth in its revenues after it added almost 12,000 customers in the space of six months.
Three former Julius Baer executives have joined the London office of Investec Wealth & Investment as senior investment directors.
Vanguard’s new direct-to-consumer platform has been hailed as a potential threat to established investment-distribution giants, in research by Platforum.
One of Aberdeen Asset Management's most senior salesmen has announced plans to move to Franklin Templeton.
Former Investment Association chief Daniel Godfrey is set to unveil the full line-up of managers who will run his new investment trust, The People’s Trust, next week.
The UK’s top business lobby group has criticised the focus on reducing net migration in the Conservative Party manifesto.
The Financial Conduct Authority (FCA) has found “unacceptable” levels of disclosure in over 40% of the financial advisory sector as it releases the results of its Assessing Suitability Review.
Beaufort Investment Management has appointed Peter Cousins to the role of investment manager.
Axa Investment Managers (Axa IM) has launched the Global Short Duration Bond fund.
Fund groups are still not fully prepared for the introduction of Mifid II despite that not being ready is "not an option", Santander Asset Management's Tom Caddick has said.
More than two-thirds of high-net worth investors say they suffer from ‘information overload’ and admit being easily distracted by short-term developments in politics and the economy.
Legal and General, Lloyds Banking Group and Aviva are among Neil Woodford’s top holdings in his newly launched Income Focus Fund, marking some of his first financial plays in 14 years.
The UK unemployment rate has hit a 40-year low, but a continued squeeze on wages has raised concerns households could soon feel the pinch as new figures revealed falling real wages.