Square Mile Investment Consulting & Research's Richard Romer-Lee analyses the impact of another fund's departure from the Investment Association's UK Equity Income sector.
Schroders has called on the Investment Association to rethink its approach to UK Equity Income funds as Nick Kirrage and Kevin Murphy's Income fund is removed from the sector.
Fixed income funds saw their first net outflows since January 2014 last month, according to the Investment Association's (IA) latest figures.
Mike Fullalove has joined Barclays Wealth and Investment Management from Alliance Bernstein as its new head of fund products.
The Investment Association (IA) has reopened discussions with members over how to reorganise its sector classification system after an initial consultation proved inconclusive.
Some of the UK's largest asset management firms are preparing to quit their London bases if the country votes to leave the European Union, according to reports.
Nearly a third of UK executives who underperformed last year were still handed a bonus, according to the Chartered Management Institute.
Legal & General Investment Management is changing the way charges are applied to its retail funds, moving to a single fund management fee (FMF) to avoid "confusion" over multiple figures.
Sales of absolute return and short-term money market funds jumped in April, according to the Investment Association, as investors adopted a more cautious approach.
The Investment Association (IA) is considering campaigning for corporate pay reform, according to Sky News.