News

Matthews Asia has expanded its fund range with the launch of the Matthews Asia Strategic Income fund.

The Serious Fraud Office (SFO) is investigating the suspended £120m Axiom Legal Financing fund and its founder Tim Schools, Professional Adviser understands.

AXA Investment Managers has hired former J.P. Morgan AM manager Bill Healey and former New Star manager Phil Roantree to boost its fixed income team.

Ecclesiastical Investment Management is seeking to rebrand to Edentree Investment Management, Investment Week understands.

Standard Life Investments has cut fund manager jobs across 15 Ignis equity funds after handing the portfolios to its own managers following its takeover of the group.

Brewin Dolphin has negotiated a deal to reduce its payout to Figaro Technology after it backtracked on plans to roll out a new computer system earlier this year.

Hermes Fund Managers has been rebranded as Hermes Investment Management, adopting a new corporate logo to reflect the change.

Tom Yeowart has joined Troy Asset Management to run the Troy Spectrum fund, working under chief executive Sebastian Lyon and fund manager Francis Brooke.

Online wealth manager Nutmeg is aiming to treble its user base in the coming months as it seeks to get up to scale after posting a loss for 2013.

Wrap platform Novia has formed a strategic partnership with Tavistock by teaming up with Cocoon Investments to acquire a £250,000 stake in the business.