Funds

Old Mutual's Stephen Message is looking to life companies with their own platforms to boost dividend payments for his fund.

Financial advisers are being invited to cast their votes in three key categories at the Aberdeen UK Platform Awards.

Investment trust specialist Frostrow Capital is launching an Alternative Investment Fund Manager (AIFM) arm to its business, ahead of the impending Alternative Investment Fund Managers Directive (AIFMD) coming into force next year.

Platform Novia has seen its profits before tax jump by more than a fifth in 2012, after assets climbed sharply to rise above £1.4bn.

Axa Portfolio Services - the parent company of the Axa Elevate platform - has reported a pre-tax loss of £29.9m for the year ending 31 December 2012, representing a 10% improvement on the £33.5m loss recorded for 2011.

Surging global equity markets' have pushed down discounts across the investment trust industry so far this year, pushing a number on to premiums, the latest data shows.

Raymond James has launched a bundled pricing model on its platform as part of a drive to attract smaller investors.

The Financial Conduct Authority (FCA) has asked Hargreaves Lansdown to share details of its negotiations with fund groups over clean share class pricing.

Fidelity's Anthony Bolton has committed to hold on to his stake in the China Special Situations investment trust after he hands it over to Dale Nicholls in April next year.

PROPERTY