Schroders saw net retail outflows of £2.7bn in the third quarter but a rise in performance fees helped boost asset management profits year-on-year.
Invesco Perpetual is to launch commission free share classes across its range by mid-2012, but will continue to pay a platform rebate.
HSBC slashes target prices for many large UK-listed groups, claiming the sector is not ‘uniformly good value'
Defaqto research has revealed a list of the top funds across the IMA sectors for income, which includes offerings from major players as well as from smaller groups.
The UK economy will avoid a double dip recession but a new round of quantitative easing could be on the cards, according to fund managers.
Schroders is set to soft-close its European Alpha Plus fund, managed by Leon Howard-Spink.
The board of the Invista Foundation Property Trust has confirmed that Schroders is to take over the management of the company.
Leading economists say politicians' agreement on the eurozone debt crisis lacks clarity and is not hard-hitting enough.
Schroders is to launch a range of Z share classes across its UK fund range next month which do not pay trail commission.