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.
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.
Vanguard’s new direct-to-consumer platform has been hailed as a potential threat to established investment-distribution giants, in research by Platforum.
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.
Axa Investment Managers (Axa IM) has launched the Global Short Duration Bond fund.
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.
Allfunds Bank is adding exchange-traded funds (ETFs) to its investment platform in recognition of wealth management evolution following Mifid II.
Vanguard’s launch of a new investment service in the UK market signals a “pivotal moment” in the push for lower charges across the asset management industry.
BlackRock is rebranding 58 of its tracker funds under the iShares name over the coming months.
Franklin Templeton will reopen its Frontier Markets fund at the end of May after a four year closure.
Neil Woodford has lived up to his record as a contrarian, according to analysts reacting to the major changes to his equity fund revealed last week.
Whitechurch Securities Wealth Managers has abandoned its position in two Russian funds amid growing geopolitical tensions and increasingly expensive valuations in the country.
Neil Woodford has revealed a major shift back into domestic cyclical stocks in his flagship equity fund on the back of a more bullish view on the UK economy.
St James’s Place has partnered with London FinTech group Flagstone to offer clients a new online cash management platform.