News

Brooks Macdonald Group has seen its discretionary funds under management grow to £7.4bn at the end of June, despite "unhelpful markets" in the fourth quarter.

Miton Group has seen a return to net inflows in the first six months of 2015, helped by demand for its UK Value Opportunities fund, after significant outflows last year.

Former Aviva chief executive Keith Jones has joined the board of Smith & Williamson as a non-executive director.

Discretionary investment firm Fulcrum has hired former Carmignac and LVAM retail sales head Matthew Wright as a director in its sales and marketing team.

Managers reveal their best contrarian trades

Legal & General Investment Management (LGIM) UK Equity Income manager Richard Black is to leave the group after seven years at the company.

Aberdeen Asset Management is at the bottom of today's FTSE 100 leaderboard after shares slumped more than 7% following a disappointing trading update

The Financial Conduct Authority (FCA) has for the first time distinguished between advice and guidance in the way it records complaints, in new rules out today.

Liontrust has agreed a three-year deal with Oxford United football club which will see it become the main sponsor of the League Two side.

Alliance Trust has promised to announce "changes" to business in the autumn, as it reported deteriorating performance for the first half of 2015.