Funds

Skandia CEO Peter Mann has said the firm will target restricted advisers as part of a plan to become an integrated wealth manger.

To mark the UK's fourth National Ethical Investment Week, Neville White of Ecclesiastical Investment Management looks at whether the popularity of responsible investing has dwindled during difficult times for markets.

Over the past year just eight ethical funds have managed to beat the FTSE All Share index, according to IFA firm Barchester Green Investment.

SRI

MAM Funds has upped its stake in Colin McLean's £146m SVM Global investment trust, fuelling speculation of impending corporate action by its shareholders.

Former Hargreaves Lansdown investment manager Ben Yearsley has joined Charles Stanley to help spearhead the group's new direct-to-client investment service.

Lindsell Train co-founder Nick Train believes the negative sentiment surrounding equities has been overstated, and argues equities are instead in bull market territory.

Investment trust broker Winterflood has dropped Alexander Darwall's Jupiter European Opportunities trust from its buy list, deeming the trust too expensive to buy after its shares drifted onto a premium.

Witan's Andrew Bell will become chairman of the Association of Investment Companies (AIC) early next year, replacing Sarah Bates, who has stepped down after a two year spell in charge.

Investment trust providers are coming under pressure to reduce annual management charges after being undercut in certain sectors of the market by OEICs and unit trusts.