Investment trust providers are coming under pressure to reduce annual management charges after being undercut in certain sectors of the market by OEICs and unit trusts.
BlackRock's iShares has launched the first ETF to offer exposure to global AAA and AA rated government bond exposure.
Exchange Traded Product flows reached their highest monthly level in almost four years in September as investors piled into passives.
The UBS trader who allegedly lost the bank $2.3bn by exceeding his trading limits and faking deals has been labelled a "master fraudster" by prosecutors at court today.
For right or wrong, it is an incontrovertible fact that more and more investors, as well as their advisers, are making the shift to using passive funds as part of their diversified portfolios.
Gold has climbed to its highest level in more than five months as speculation the next round of QE in the US is just weeks away pushed the precious metal higher.
BlackRock's ETF arm iShares plans to hire at least six people for its UK-based business to prepare for RDR next January.