Funds

Other large caps may follow Tesco in cutting dividends

Old Mutual Wealth is removing the annual pension drawdown fee and scrapping the current minimum charge on its platform in order to simplify its charging structure.

Biotech off the beaten track

Emerging markets specialist Ashmore has partnered with ETF provider Source to launch a suite of actively-managed emerging market debt ETFs.

Investment trusts

Investment Trusts

Bravura is understood to be in pole position to win the technology contract to power Cofunds, following months of negotiations, in a switch which would see it replace International Financial Data Services (IFDS).

Ted Hood, chief executive of Source, talked to Investment Week about the key issues and developments in the European ETF industry.

Platforms

The head of AXA Elevate's operations team has left the business following a restructure, Investment Week can reveal.