The Wealth Management Association has warned the aims of the RDR could be undermined if advisers continue to be given non-monetary benefits.

QUICKFIRE Q&A

NEWS ANALYSIS

TwentyFour Asset Management is in the process of setting up a new closed-ended fixed income fund to take advantage of opportunities in less liquid parts of the bond market.

Emerging market equity funds saw some $6.3bn in outflows during the final week of January, with the GEM sub-sector particularly badly hit as concerns over developing markets intensified.

Slater Investment's Mark Slater says poor results from 'dividend stalwarts' damaged the performance of his Slater Income fund in the fourth quarter.

Lloyds Banking Group is to cut over 1,000 jobs nationwide, with its wealth division among those facing significant cuts, according to the Unite union.

MP John Redwood has told investment managers they are unlikely to successfully challenge the upcoming tax changes to LLPs unless they build a stronger argument.

BIOTECH

Close Brothers Asset Management investment director Riitta Hujanen is looking to US tech companies to continue the strong run they experienced throughout 2013.