Insurer Zurich welcomed the regulator's pledge to re-open the long-stop debate but suggested it should be looking at more options than just a 15-year liability period.
Mark Barnett has cut some of former manager Neil Woodford's favourite holdings in the £1.4bn Edinburgh investment trust, adding 14 new stocks since the beginning of the year.
Hargreaves Lansdown is to transfer more than £400m of multi-manager assets from Mark Barnett's Invesco Perpetual income funds to Neil Woodford's new UK equity income offering.
UBS is formally reducing securities lending on its ETF funds to 50%, following in the footsteps of ETF giant iShares.
China’s well-publicised defaults need action soon
Newly-launched boutique Sanditon Asset Management, formed by ex-Cazenove managers Tim Russell and Chris Rice, is poised to launch an investment trust within the next four weeks.
ETF provider Invesco PowerShares has appointed Bryon Lake as head of EMEA for the business.
A familiar asset class has once again dominated the list of the most consistently top performing investment trusts of the last decade, a study has revealed.
The Treasury has updated guidance on VCTs in order to ensure the vehicles can allot shares for the 2014-15 tax year.