Threadneedle is to push ahead with plans to convert its UK Property Trust to a more tax-efficient structure.
M&G Investments is set to close its Global Real Estate Securities fund after the departure of manager Gillian Tiltman prompted outflows from the strategy.
BlackRock pipped Woodford Investment Management to be the top-selling fund group of 2014, in large part due to the popularity of its index funds, according to the latest Pridham Report.
Top sector performers over 20 years
Advice to invest in a troubled unregulated overseas property scheme has helped push 24 firms over into failure, the Financial Services Compensation Scheme (FSCS) has said.
Demographics continue to drive care home fund inflows
A trio of AXA managers have joined Royal London Asset Management (RLAM) as the group brings in-house a £1.6bn property portfolio it has acquired since taking over the Co-operative Asset Management.