fund platform

AXA Wealth's Corporate Investment Services business is increasing the investment universe for employee benefits consultants by adding exchange traded funds (ETFs) to its bespoke Investment Only offering.

Wealth manager Charles Stanley has reported a 33% drop in profit before tax following a year of "significant" cost which has seen it spend millions on acquisitions.

D2C platform Charles Stanley Direct has launched a new loyalty programme for clients with a series of additional fee cuts, alongside a customer charter which promises users a "fairer deal".

D2C platforms attempting to undercut Hargreaves Lansdown via lower fees have not made "significant enough" reductions to lure clients away, analysts at Barclays have said.

Standard Life has become the second platform to secure cheaper access to Neil Woodford's new fund, after the group negotiated access to the 0.65% AMC share class.

Standard Life has enhanced its wrap platform with the launch of a specialist investment hub aimed at users with discretionary permissions, as it taps into the growing number of adviser firms changing their business models.

Hargreaves Lansdown is to transfer more than £400m of multi-manager assets from Mark Barnett's Invesco Perpetual income funds to Neil Woodford's new UK equity income offering.

Hargreaves Lansdown has secured what it says is the cheapest share class in the market for Neil Woodford's new fund, selling the investment star's fund for 60bps.

Wrap platform Transact has acquired a 15% stake in adviser technology business Sprint Enterprise Technology, operator of adviser software system Fastrak.

Equinti Group is in exclusive discussions to take ownership of D2C platform Selftrade as French parent Boursorama cuts its losses on the business.