M&G has handed Mike Riddell's Emerging Markets Bond fund to former Invesco Perpetual manager Claudia Calich.

Fund groups signed up to Skandia's WealthSelect proposition are holding further talks with the platform after it altered its pricing plans, sparking concerns over margins.

AJ Bell has introduced a capped annual charge on its new-look D2C platform Youinvest as it unveils its pricing strategy for 2014.

The increasingly rapid move towards restricted architecture and a focus on cost above all else across the financial services industry could spark the next mis-selling scandal, Fidelity's Ed Dymott has said.

The retail financial services industry is expecting to see a proliferation of share classes, a price war, and customer confusion as a result of the decision to ban rebates, new research has claimed.

Royal Mail's share price jumped by more than 5% in early morning trading after the company reported a significant jump in profits thanks to a number of one-off gains.

Arch Cru's new fund manager John Davey has heavily contested there was a 'fire sale' of Guernsey cells' portfolios that could have lost investors money following his firm's takeover of the investment management mandate in 2009.

Royal Mail reported a significant jump in profits this morning thanks to a number of one-off gains, as it posted its first set of results since listing.

Theo Zemek is to exit AXA Investment Managers, handing over her responsibilities to new hire John Porter.

The Financial Conduct Authority (FCA) has fined asset manager SEI Investments more than £900,000 for failures relating to its handling of client money over a five-year period.