Aberdeen Asset Management reported a drop in pre-tax profits for the year to the end of September of 82% to £10.5m, down from £60.5m the previous year.
Leading structured product providers and distributors have created the UK Structured Products Association in a bid to give a unified voice to an industry that has come under fire in recent years.
Recently installed CEO Hugh Grootenhuis explains how JOHIM's boutique approach continues through big bank ownership
Many moons ago, I mentioned in this column my leisurely lunch one fine summer's day with Mr Ed Moisson from Lipper, during which we discussed the costs involved with fund management.
Modern portfolio theory has been at the heart of portfolio construction for over 50 years since it was developed in the 1950s by Harry Markowitz.
Graham Ashby and the former Credit Suisse income team have arrived at LV= Asset Management, assuming control of the group's UK Growth and UK Equity Income funds.
A former Credit Suisse banker has been found guilty of fraud after deceiving investors into buying risky investments that led to $1bn (£610m) of losses.
Aberdeen has continued to see strong outflows in the second quarter, despite redemptions from its fixed income funds slowing during the period.
Seismic changes in the way the US tax authorities intend to tax the returns on American senior-citizen-based life settlement funds have caught many fund managers on the hop
Premier Asset Management has bought the management contracts of 10 UK Oeic funds acquired by Aberdeen in its recent takeover of Credit Suisse Asset Management.