Thesis Asset Management's head of model portfolio service (MPS) Edward Fane is set to leave for research company Morningstar in June.

Artemis is seeking to launch five US equity funds for Cormac Weldon and his ex-Threadneedle colleagues as members of the team begin work in their new roles.

The increased use of company shares to finance M&A activity may be a warning sign for investors that valuations are topping out, leading fund managers have said.

Neil Woodford has opened a position in Edward Bramson's Sherborne 'Guernsey B' vehicle as one of his first investments at his new firm.

Neil Woodford has said he plans to create a major asset management business, rather than a simple boutique, as he begins life at Woodford Investment Management.

Aberdeen has reported £8.8bn in net outflows for the six months to 31 March 2014 despite redemptions slowing in the final month of the period.

Equinti Group is in exclusive discussions to take ownership of D2C platform Selftrade as French parent Boursorama cuts its losses on the business.

Invesco CEO Martin Flanagan has played down analyst concerns over further UK equity income outflows as former employee Neil Woodford prepares to launch his own fund.

Sterling has risen above $1.69 against the US dollar during trading, nearing its highest level for five years following the release of strong manufacturing data for April.

Artemis is to take over management of the Mid Wynd International investment trust as Baillie Gifford's Michael MacPhee retires.