Funds

Vanguard Asset Management has bolstered its ETF range with the listing of four products on the London Stock Exchange.

Andrew Bell, chairman of the Association of Investment Companies (AIC), has warned many boards have not moved quickly enough to reduce charges on their investment trusts.

Plans to allow platforms to negotiate individual terms with fund groups could cost the industry millions of pounds, asset management giant M&G has warned.

ASIA

Standard Life has confirmed it is to pay the recently announced rebate tax for its platform users until the end of this year.

ETHICAL

Cofunds is to hire Suffolk Life's David Hobbs as managing director of operational services in the latest shake-up at the platform.

Verona Smith, Cofunds marketing director, has exited the platform following its takeover by Legal & General, Investment Week understands.

Lindsell Train co-founder Nick Train has admitted to being "flabbergasted" by a recent spell of outperformance in his £355m Finsbury Growth & Income trust.

Skandia has taken a number of steps to speed up re-registration processes with platforms that are currently unable to handle automated re-registration.