The Patient Capital investment trust is to enter the FTSE 250 later this month, two months on from its record fundraising.

Financial Conduct Authority chief Martin Wheatley has supported the asset management industry's claim that it does not pose a threat to financial stability.

Old Mutual Wealth has hired Architas' Andrew Miller as an investment specialist in its sales team as its increases its focus on advisers.

Sanlam Private Investments' chief investment officer Richard Champion has ended his 11-year stint at the firm in order to take a senior role at Canaccord Genuity Wealth Management.

An investment trust which has captured the imagination of many of the country's leading fund managers is preparing to raise money from investors for the second time this year.

The upgrade of two major frontier markets to emerging market status led to a significant increase in turnover for the HSBC Frontier Markets fund last year.

Fixed income manager Chris Bowie believes the impact on businesses from uncertainty surrounding the EU referendum and a potential Scottish vote is being underestimated by the market.

Sales of absolute return and short-term money market funds jumped in April, according to the Investment Association, as investors adopted a more cautious approach.

The Wealth Management Association (WMA) has attacked the "failure" of the RDR to clearly define 'independent' advisers and suggested MiFID II's description would be a better suggestion.

African financials are looking attractive despite the continent's wider corruption troubles, according to Old Mutual Investment Group's Cavan Osborne.