Investors are not receiving adequate information on the extent to which funds are being levered up through the use of derivatives, a review by the Financial Conduct Authority (FCA) has found.

Threadneedle is to push ahead with plans to convert its UK Property Trust to a more tax-efficient structure.

Signia Wealth has hired three former employees to form a new senior management team as CIO Chris Godding and investment strategist Gautam Batra depart the business.

Threadneedle is to merge its multi-manager range into funds run by Seven Investment Management (7IM), with two managers set to move across as part of the deal, Investment Week can reveal.

Fidelity UK Personal Investing head Mark Till has left the company after three years in the role, Investment Week can reveal.

Mark Barnett has told Investment Week he is "concerned" over the fortunes of GlaxoSmithKline, a core holding in the Invesco Perpetual Income funds which he began running at the start of March 2014.

Legal & General has said it must "operationally leverage" its Cofunds platform and boost flows into its asset management arm this year in order to improve its business mix.

Launched in a blaze of publicity last February, Old Mutual Wealth (OMW) set out its WealthSelect proposition as a rival to traditional discretionary fund management services.

As Woodford Investment Management gears up for the launch of its Patient Capital investment trust, Investment Week visited the company's Oxford offices to quiz senior personnel about their plans for the future.

Invesco Perpetual has boosted its Global Targeted Returns team as assets in the UK-based strategy top £1bn, 18 months after launch.