News

M&G has reported net retail outflows of £516m across its UK business in the first half of 2014, even as its European retail business continues to attract major interest.

Troy Asset Management's Sebastian Lyon has said he "longs" for a return of volatility in order to open up more opportunities for investment.

Nearly half of advisers already have the majority of their recurring revenue coming from fees, according to a FundsNetwork survey, less than two years to go until the April 2016 deadline where all on-platform assets need to be moved to clean share classes...

Assets under management within GAM's discretionary and advisory portfolios increased for the first time in six years in the first half of 2014, the group has said.

Neuberger Berman has hired M&G's Gillian Tiltman for its global real estate securities team.

Stock markets recovered from last week's bout of anxiety this morning as geopolitical concerns eased, with safe haven bond yields climbing and shares rallying.

Standard Life has called for platforms with super clean deals to house alternative share classes in order to aid re-registration.

Savers could be forced to pay inheritance tax while they are still alive, under a new drive against tax avoidance planned by the government.

The managers of the Ruffer investment company have defended their portfolio's exposure to the US dollar, saying it will protect them against a trio of political events which could knock back sterling.

Former Ignis Asset Management head of credit Chris Bowie is to join TwentyFour Asset Management as the boutique builds on recent success in the fixed income space, Investment Week can reveal.