News

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.

Oliver Leyland has joined Hermes Investment Management as a Latin America specialist as the fund house expands its emerging markets team.

Former Cazenove chief operating officer Ian Dyble has joined Henderson as head of product development.

Aberdeen CEO Martin Gilbert has said the group is seeking to accompany its ongoing dividend hikes with a share buyback plan despite a "very difficult" year for the company.

The private equity firms eyeing wrap provider Transact have withdrawn their approaches, Investment Week understands.