Funds

Colin McLean could relinquish control of the £136m SVM Global investment trust after the board announced it is putting the trust's management contract out to tender, with immediate effect.

Alliance Trust chief executive Katherine Garrett-Cox has said investment trust buyers are too fixated with discounts, urging them to look more at long term share price and NAV performance.

David Gardner, head of EMEA sales and BlackRock's iShares veteran, is set to retire after 12 years.

The FSA is preparing to extend the deadline for platforms to implement its proposed changes to the industry beyond the current target date of 31 December 2013, Investment Week understands.

Peter Hargreaves, executive director of platform giant Hargreaves Lansdown, has revealed the business intends to move all its clients over to clean fee share classes to meet regulatory changes.

A radical shift in the way we source, transform and consume energy is underway.

Investment Week recently hosted the fourth annual Climate Change & Ethical Investment Awards.

Baronsmead has launched a top-up scheme with the aim of raising £30m across its five-strong range of VCTs.

Neil Woodford's £920m Edinburgh Investment trust will emerge as one of the key winners in the closed-ended space after RDR, investment trust broker Canaccord Genuity has said.

The Financial Services Authority (FSA) has begun informal discussions with key industry players about a potential ban on all fund commission payments from the start of 2014 for business written on platforms.