News

Tilney Bestinvest has named nine funds that have consistently earned its top fund rating over the past five years.

The Financial Conduct Authority has ruled out conducting a study into competition in the platform market - despite industry concerns - but is planning closer scrutiny of fund groups.

Assets under administration at Standard Life's wrap platform rose by 26% last year to move above £20bn for the first time, the firm has said.

Two natural resources managers have said commodity-related equities have now reached a floor following several months of falls.

Hedge fund manager Man Group has agreed to acquire fund boutique NewSmith for an undisclosed sum.

Ian Aylward has cut Aviva Investors' multi-manager exposure to US equities to an underweight position for the first time since 2011, fearing the stocks are deeply over valued.

The manager of the top fund in the Investment Association Targeted Absolute Return sector in 2014 is short resources companies and long annuity providers as his conviction positions this quarter.

Rathbones is planning to expand its range of services for high net worth clients with the launch of a private office.

Witan investment trust has become the tenth investment trust to grow its annual dividend for 40 consecutive years, according to the Association of Investment Companies.

The pro-business reforms implemented by India's prime minister Narendra Modi are making state-owned companies look attractive for investors, according to Somerset Capital's Dhawal Mehta.