Asset management firms are feeling the burden of compliance costs and expect both cost and time burdens to increase in future as the deadline for MiFID II approaches.

Natixis Global Asset Management is seeking to broaden its UK OEIC range with the launch of UK equity and bond products.

Private bank and wealth manager BHF Kleinwort Benson has received a takeover approach from Chinese investment bank Fosun International.

Barings has hired two senior additions to its multi-asset team as its develops a new long/short fund.

P2P Global Investments has raised £400m from its latest C share issue after receiving backing from a number of high-profile shareholders.

How managers are exploiting 'mismatch between perception and reality'

Fidelity is cutting the annual management charge on its £182m Asian Values investment trust, as it moves to a tiered pricing structure.

Brooks Macdonald Group has seen its discretionary funds under management grow to £7.4bn at the end of June, despite "unhelpful markets" in the fourth quarter.

Miton Group has seen a return to net inflows in the first six months of 2015, helped by demand for its UK Value Opportunities fund, after significant outflows last year.

Aberdeen Asset Management is at the bottom of today's FTSE 100 leaderboard after shares slumped more than 7% following a disappointing trading update