News

Investors are set to snap up cheaper IPOs after a series of flops at the start of the summer, Unicorn managers Fraser Mackersie and Simon Moon have forecast.

Fidelity Worldwide Investment has cut fees on its passive multi-asset range in another aggressive pricing move.

RBS chairman Sir Philip Hampton is to leave the bank in order to take up an identical position at GlaxoSmithKline, according to reports.

The fund management industry must address the issue of lack of female representation among fund managers, according to Helena Morrissey, chief executive of Newton Investment Management.

BNP Paribas Securities Services, Advent, Riva Financial Systems, and Kneip were among the winners at this year's Fund Services Awards.

Renewed dollar strength has led forecasters to predict a tougher time for sterling in the coming months, despite a small relief rally last week as Scotland opted against independence. Which funds could benefit?

Ian Gorham, chief executive of D2C giant Hargreaves Lansdown, saw his total pay climb to £10.6m this year after cashing in some long-term share options.

UK shares edged lower this morning as concerns over the economic recovery in the US, and yesterday's move by the country to curb tax avoidance via M&A deals, continue to weigh on investor sentiment.

The Financial Conduct Authority (FCA) has urged investors in the EEA Life Settlements fund who bought directly or via a financial adviser to consider making a complaint as it believes some are "likely to have been mis-sold the product".

Guinness Asset Management is to launch a version of the Global Innovators strategy run by its US sister company Guinness Atkinson, targeting UK investors.