News

After five years languishing at the bottom of performance tables, the trend-following fund MAN AHL Diversity managed to produce a stellar return last year, as asset classes diverged.

The number of platforms targeting advisory firms is likely to halve after 2017, according to Standard Life's David Tiller.

The UK retail version of Standard Life Investments' flagship Global Absolute Return Strategies (GARS) fund has reached £25bn in assets for the first time.

The chief executive of the Chartered Institute for Securities & Investment (CISI) has described the lifetime ban handed to former BlackRock executive Jonathan Burrows as ‘draconian'.

Further yen weakness has helped Japan's Nikkei 225 index pass the 19,000 mark for the first time since 2000.

Towry has increased its offer for Ashcourt Rowan to £120m, a move which is understood to have been prompted by rival bidders circling the firm.

Small-cap boutique Montanaro is offering seed investors the opportunity to allocate to its Equity Income fund at a zero management fee until it reaches £100m in size.

Ian Trevers, head of UK retail at Invesco Perpetual, is to leave after more than two decades at the business.

Three members of senior staff at Ashcourt Rowan are to exit as its takeover by Towry is finalised.

Shares in TSB Banking Group have soared after news emerged it is in takeover talks with Spanish bank Sabadell.