Active fund management

Hargreaves Lansdown has pushed back the launch of its new pricing structure - which includes the switch to super clean pricing on funds - after claiming it is under "no pressure" from rivals to act first.

M&G Recovery fund manager Tom Dobell may have become embroiled in a public dispute over one of his holdings, but he is by no means the first to speak out in a bid to turn around a company's fortunes.

Gottex Fund Management is to take a majority stake in UK multi-asset boutique Frontier Investment Management.

CONTRARIAN

Hargreaves Lansdown's widely followed Wealth 150 list of recommended funds has fallen by almost a third amid a lack of decent active funds and some soft-closures.

Joe Faraday and Tom Record have stepped down from their roles as co-managers on two Baillie Gifford Asian funds.

RWC has signed a deal with European fund house Hermes which will see its $800m Focus fund range and the three teams running the products transfer to the boutique in October.

Scottish Widows Investment Partnership (SWIP) has appointed former of global equities William Low as director of equities following a restructure of its equities strategy.

Active managers who use short-term volatility to back their convictions are better placed than ever to prove their worth, according to Simon Brazier, head of UK equities at Threadneedle.

A successful manager can add as much as 5% to the value of a fund every year, according to a new study.