Funds

UK platform Skandia has reported profits of £13m in 2013, up from £2m in 2012, after net inflows of over £2bn last year.

Could the intense price war among D2C platform providers spill over into the advised space? Henry Brennan finds out what it could mean for long-term sustainability.

Skandia is working in conjunction with IFAs on a service which will enable advised clients to use its platform directly in order to top up ISA holdings, Investment Week can reveal.

Alliance Trust may be faced with more hostile corporate action after a US hedge fund declared a 10% stake.

Barclays Stockbrokers' clean fund prices show the platform has failed to secure the blockbuster deals on key funds negotiated by main rival Hargreaves Lansdown, Investment Week can reveal.

INVESTMENT TRUSTs

Charles Stanley has rolled out its Collectives Portfolio Service to five platforms.

Dominic Neary has taken over management of the £324m Scottish American investment trust, replacing ten-year veteran Patrick Edwardson.

Antony Bolton's £610m Fidelity China Special Situations trust returned 8.42% in the three months to 31 December, compared to the MSCI China return of 1.5%, according to latest figures.

The average investment trust discount is now close to the lowest it has been for over 30 years. Tim Cockerill, investment director at Rowan Dartington, asks if the trend is down to RDR.