News

Large fixed income houses are being forced to expand the overseas investment capacity of their funds and use more derivatives in a bid to mitigate liquidity risks in the bond market.

"Bond tourists" investing in dividend-paying stocks are causing concern for UK equity income managers, who predict increased volatility as debt starts to sell off.

The Lindsell Train investment trust has announced it will no longer give itself the option of gearing the portfolio, in part due to rising regulatory costs.

Aberdeen Asset Management's head of acquisitions Hugh Little is to retire from the business after almost three decades at the fund house.

Aberdeen Asset Management is to merge away five funds formerly managed by Scottish Widows Investment Partnership (SWIP) as it continues to rationalise its range.

Consolidator Bellpenny has completed two more IFA acquisitions bringing an additional £56m in funds under management and more than 250 clients.

Dan Kemp has been promoted to chief investment officer for Europe, Middle East, and Africa (EMEA) at Morningstar, replacing Daniel Needham.

A rise in inflation expectations is prompting more fund managers to seek ways to protect their portfolios, despite headline price indices sitting at ultra-low levels.

The Financial Conduct Authority (FCA) has published a paper clarifying its stance on how advisers will be held liable when dealing with insistent clients.

Jason Pidcock's Newton Asian Income fund saw outflows of £350m in May, the month in which the manager's departure from the firm was announced, according to data provider estimates.