Investment

Skagen is set to offer the largest institutional investors discounted shares on its Kon-Tiki and Global funds.

Graham Dow, head of investment group relations at Standard Life, says any moves by asset managers to help lower net worth savers face some serious hurdles.

Jupiter's James Clunie has been cutting back on a short position in Hargreaves Lansdown ahead of the firm's full year results tomorrow, as he begins to find "many, many ideas" for other companies to bet against.

There has been forward guidance, backtracking, and a lot of false starts, but as the world's largest economies continue to recover, the question over which developed region will raise rates first looms large.

Standard Life's discretionary service wrap has seen £125m of inflows since it launched in April this year, the group has said.

Miton is to rebrand a trio of PSigma Asset Management funds following its acquisition of the firm last year.

Wealth manager Mattioli Woods has quadrupled discretionary assets under management to £750m in the year to May 2014.

Last week, the S&P 500 soared past the 2,000 mark for the first time, surprising those who had expected a reversal of some of the 30% gain seen in 2013.

Investors with more than $5m are now able to access a discounted institutional share class on the Indus Select Asia Pacific fund.

Jupiter's non-executive chairman Jamie Dundas is to step down due to ill health.