News

Aviva has agreed terms with Friends Life for its £5.6bn takeover of the group, which will create the UK's largest insurance, savings, and asset management firm.

Aubrey Capital Management will expand its fund range with the launch of an emerging market consumer fund in January.

AXA Investment Managers has incorporated its structured finance assets into its fixed income arm as it reorganises the division.

Jupiter's John Chatfeild-Roberts has predicted the European Central Bank (ECB) will unveil a long-awaited quantitative easing programme at the start of next year, boosting the region's equity markets in the process.

AXA Elevate has said a ‘systems error' is causing delays in income payments to hundreds of clients on the platform.

Aviva Investors has launched an income-focused multi-strategy fund, the second in its range of multi-asset products to rival GARS.

Architas has launched a fund of funds designed to offer investors exposure to alternative asset classes such as infrastructure and forestry.

SWMC European Fund manager Stuart Mitchell has taken a stake in GlaxoSmithKline following 'years' of pronounced share price underperformance from the pharma giant.

Emerging markets specialist Somerset Capital is to add an India fund to its suite of products in 2015, to be run by its newest hire.

In a year in which active management has struggled severely, Asia-focused funds have emerged as the only major equity grouping in which the average manager has beaten the benchmark.