Rathbones has won the £43m race to buy Jupiter's private client arm and is also to purchase part of Tilney IM's private client business in a separate £14m deal.
The Financial Conduct Authority has proposed a sizeable hike in annual funding requirements for asset managers in 2014/15 due to the cost of AIFMD implementation.
For managers looking to add alpha to their portfolios, striking the balance between stock concentration and portfolio diversification can be a tricky one.
The level of returns on offer from equity markets this year may disappoint investors, according to Threadneedle UK Equity Income managers Leigh Harrison and Richard Colwell.
Lazard Global Equity Income manager Pat Ryan has been buying EM stocks on valuation grounds as the region continues to underperform global indices.
The House of Lords' economic affairs committee has recommended a delay to the government's imminent tax crackdown on limited liability partnerships (LLPs).
HM Revenue & Customs has withdrawn VCT approval for the Oxford Technology trust after it was found to have breached rules over the amount it held in a single firm.
A 21-year-old has been arrested and interviewed as part of a Financial Conduct Authority (FCA) investigation into boiler room fraud.
Analysts suggest the Bank of England may look to an unlikely source for interest rate guidance after New Zealand today became the first developed market to raise rates since the financial crisis.
Shares in the UK's three main supermarket chains have tumbled today after Morrisons warned profits could halve this year and raised the prospect of sector-wide discounting.