Can artificial intelligence benefit the industry?
Nick Marshall has left Smith & Williamson Investment Management after the firm overhauled its portfolio strategy recently.
The US regulator is investigating how bond giant PIMCO prices its exchange-traded funds after it became concerned the group may have artificially inflated returns on one of Bill Gross' ETFs.
Investors have been warned against buying into Chinese tracker funds in the near term as growing interest prompts some groups to close products to new investment.
'Investors should expect nothing from bonds’
The Financial Conduct Authority's probe into in-house fund ranges has split the wealth management community, with some groups abandoning propositions but others still keen to enter the space.
Passive fund providers are under renewed pressure to reduce the cost of investing in their funds, following a move by Fidelity Worldwide Investments to cut fees on its index tracker range.
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