Baillie Gifford has lifted its stake in Hargreaves Lansdown to over 5%, taking advantage of a fresh slump in the D2C platform's share price last week.

Franklin Templeton is to rebrand Colin Morton's UK Blue Chip fund as the Franklin UK Rising Dividends fund in a bid to make it more attractive to those seeking a growing income stream.

Old Mutual Wealth chief executive Paul Feeney has told analysts that platforms must seek to integrate with other businesses if they are to survive in the coming years.

Former Jupiter head of private clients Andrew Clark has become head of Rathbone Private Office after the company completed its acquisition of Jupiter's private wealth business.

PIMCO's Dan Ivascyn has been named as Bill Gross' successor following the legendary bond investor's resignation, but three other managers will take over the $221bn Total Return Bond fund.

The recent sell-off in high yield means opportunities in the 'rising stars', housing, and building materials sectors, explains PIMCO's deputy CIO Mark Kiesel.

Dividend growth will continue to disappoint the market unless some 'financial alchemy' comes in to play, explains Charles Luke from the Murray Income trust.

Where now for bonds?

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