Funds

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

Old Mutual Wealth has appointed former Rathbone Brothers chief executive Andy Pomfret as a non-executive director.

The Association of Investment Companies (AIC) has elected Peter Arthur to replace Andrew Bell as chairman.

Credit risk seems to have taken a back seat recently, with even Lufthansa's junk-rated bond being massively oversubscribed. Using a metric like the Moody's Analytics expected default frequency measure could help passive allocators manage credit risk,...

Investment Week news editor Nick Paler has been named journalist of the year at the Aberdeen UK Platform Awards for a second successive year.

State Street Global Advisors (SSgA) is the latest ETF provider to slash fees on a range of its European products, as passive fees continue to come under pressure.

Old Mutual Wealth chief executive Paul Feeney has told analysts that platforms must seek to integrate with other businesses if they are to survive in the coming years.

Ian Gorham, chief executive of D2C giant Hargreaves Lansdown, saw his total pay climb to £10.6m this year after cashing in some long-term share options.

Seneca Investment Management has suggested investors move out of fixed income in order to avoid getting caught out by a painful correction.

AXA Wealth is to launch a list of around 100 favoured funds in the mould of Hargreaves Lansdown's Wealth 150, to help advisers "cut through the noise" of fund selection and focus on funds with a record of outperforming.