Stockbroking firm Redmayne-Bentley has stopped offering its services to US clients as it moves to comply with incoming tax regime FATCA.
Artemis is to take over management of the Mid Wynd International investment trust as Baillie Gifford's Michael MacPhee retires.
Wealth management firms are making final preparations for the introduction of US tax regime FATCA as the 5 May registration deadline approaches.
Schroders has appointed Alex Tedder from American Century Investments as head of global equities.
M&G's Stuart Rhodes is running a record low number of stocks in his £8.5bn Global Dividend fund, having sold many US holdings on valuation concerns, as he begins to look to new regions for yield plays.