News

Fidelity Asian Values manager John Lo has stepped back from running the trust after a 13-year spell in charge, to be replaced by Nitin Bajaj.

Ted Hood, chief executive of ETF provider Source, has left the firm six year after launching the business.

Elliott Advisors has responded to Alliance Trust's formal circular to shareholders, rejecting the company's claims and accusing its board of resorting to "personal attacks".

The Treasury Select Committee (TSC) has said the Financial Conduct Authority (FCA) must do more to show it has learned the lessons of its bungled leak of plans to review the life insurance sector.

BlackRock's head of UK small- and mid-cap equities Ralph Cox has resigned after over 15 years at the firm.

The Financial Conduct Authority (FCA) is proposing to raise £74.9m from financial advisers for the coming year, representing an upswing of 10.2%.

The M&G Episode Income fund has seen a substantial shift in asset allocation over the past 12 months, boosting returns to drive it up the sector rankings.

The Financial Conduct Authority (FCA) is seeking feedback on a possible ban on rebates from discretionary fund managers to clients as it develops its response to forthcoming MiFID II legislation.

US equity funds saw the highest outflow on record in February, according to data from The Investment Association (IA), while UK equity funds posted their largest outflow since 2008.

RWC has hired two emerging markets managers from beleaguered US hedge fund firm Everest Capital, paving the way for a significant expansion involving its first offices overseas and several new products.