Funds

Are supermarkets a good investment for bargain hunters?

New rules for open- and closed-ended funds

Holly Mackay, the founder and MD of platform advice, research, and events firm The Platforum, has resigned from the business, the group has confirmed.

Tax planning specialist Octopus has hired Shaun Sandiford from AXA Elevate to head up its relationships with platforms.

Fund boutique Alquity has launched a concentrated emerging market equity fund investing in stocks that meet its responsible investment criteria.

Investment trust analysts at Winterflood Securities have marked Scottish investment trusts as a buying opportunity should the country vote ‘yes' to independence.

The board of the Schroder UK Growth trust, previously run by Julie Dean, is planning to review alternative managers for the trust in the next few weeks following the manager's departure.

Howard Cunningham, portfolio manager within the fixed income team at Newton Investment Management, says although credit spreads are now lower, investors should not dismiss corporate bonds.

Investec has agreed to sell its UK mortgage business Kensington to private equity firms Blackstone and TPG Special Situations Partners for £180m.

'The key question now is how to counterbalance equity exposure'