Funds

Annabelle Williams asks two wealth managers which investment trusts have made it on to their buy lists.

Standard Life has rejected suggestions the use of preferentially-priced share classes launched by fund groups for specific platforms could breach competition laws.

Four platforms are to allow advisers to automatically calculate tax liabilities for clients, following HM Revenue and Customs' decision to tax rebates paid by fund managers.

Jupiter said today it intends to use the money raised from the Cofunds sale to pay down debt as it unveiled a near £3bn rise in assets under management.

Hargreaves Lansdown has achieved record levels of assets under administration after attracting £4.7bn of new money in the three months to April.

Morningstar has named the ten most popular investment trusts investors paid close attention to during Q1.

The board of Sam Vecht's Eastern European trust is seeking shareholder approval to revamp its policy, giving the manager greater off-benchmark flexibility.

Stirling House Financial Services is launching five new fund of funds aimed at private clients, to be managed by Sarasin & Partners.

Investment trust broker Winterflood has cut Richard Buxton's £288m Schroder UK Growth trust from its buy list in favour of Fidelity's Alex Wright.

ITs