Funds

THE BIG INTERVIEW

Allianz Global Investors is planning to launch a US small-cap fund for UK investors in June.

AXA Elevate has cut charges on portfolios valued at £1m or more for new and existing customers.

iShares has cut the total expense ratio (TER) on the accumulation share class of its S&P 500 ETF to 7bps in a further bid to undercut competitors.

Holly Mackay, the founder and MD of platform advice, research and events business The Platforum, is to take a sabbatical later this year, Investment Week can reveal.

Aegon's decision to introduce price caps on the Retirement Choices wrap and the One Retirement SIPP is "potentially game changing", according to platform consultancy the lang cat.

Manager of the JPM American investment trust says a market pull-back is overdue

Cofunds' pre-tax profits for 2013 have fallen 16% after a rise in assets under administration was offset by L&G's attempt to reverse 'years of under-investment'.

Jeremy Thomas, manager of the Brunner investment trust, says history tells us the EM crisis is far from over, but managers should not stop searching for low entry points.

Two more investment trusts have cut their fees in a move analysts are pinning on increasing pressure from open-ended funds.