News

Investors are not receiving adequate information on the extent to which funds are being levered up through the use of derivatives, a review by the Financial Conduct Authority (FCA) has found.

Retail fund management is "out of control" and should borrow ideas from the institutional sector to radically reorganise, Nucleus chief executive David Ferguson has said.

Threadneedle is to push ahead with plans to convert its UK Property Trust to a more tax-efficient structure.

HSBC Global Asset Management's chief executive Andy Clark is ruling out introducing preferentially priced share classes, saying they are akin to "endorsements" of individual platforms.

Signia Wealth has hired three former employees to form a new senior management team as CIO Chris Godding and investment strategist Gautam Batra depart the business.

Threadneedle is to merge its multi-manager range into funds run by Seven Investment Management (7IM), with two managers set to move across as part of the deal, Investment Week can reveal.

Alliance Trust has cut its ongoing charges figure (OCF) by 20% as part of its focus on cost-cutting.

Distribution Technology (DT), the risk-profiling tool provider, has launched a fund risk-targeting service.

With this week's BoE monetary policy announcement marking six years of rates being held at a record low level of 0.5%, Investment Week looks at the funds which have produced the best performance over the period.

Kames Capital has cut the annual management charge on Stephen Snowden's (pictured) Investment Grade Global Bond Fund in an effort to align its with European peers.