ACD

Fund administration firm Maitland has boosted its assets under administration from £6.2bn to £140bn by acquiring UK business Phoenix Fund Services.

Zurich UK Life is to boost its investment proposition for advisers with the launch of an authorised corporate director (ACD) service, which will allow it to launch own-branded funds managed by a number of external partners.

WAY Group has acquired International Financial Data Services (IFDS)' ACD business in a deal which has made it the second largest player in the space.

REGULATION

It has been a bad week for Standard Chartered, and the explosive charges the bank faces dominated the headlines this week.

FUND SELECTION

REGULATION