News

BlackRock has launched two iShares exchange-traded funds to target emerging market consumption and US dividends, following fee cuts on its revamped 'Core' range last week.

Aberdeen Asset Management has migrated all Scottish Widows Investment Partnership-run active equity funds and mandates, with the team that ran them at SWIP exiting the combined business.

Unicorn Asset Management's John McClure has passed away, the board of the Acorn Income fund has announced.

Robin Minter-Kemp, former director of investment funds at Cazenove Capital, has joined Rayner Spencer Mills Research (RSMR) as a non-executive director.

Miton Group has agreed to acquire Darwin IM, with the latter's David Jane taking over the Miton Special Situations portfolio as Martin Gray leaves after 20 years.

Cofunds, has appointed former FNZ UK chief executive Paul McMahon as strategy director.

Lloyds will price its initial public offering of TSB at between 220p and 290p per ordinary share, with the float set for 20 June.

Neil Woodford has been handed a mandate on Skandia's WealthSelect range, likely in the region of hundreds of millions of pounds, and the platform will be able to access the manager's 65bps share class.

Julie Patterson is to leave her role as the Investment Management Association's regulatory affairs director.

D2C platforms attempting to undercut Hargreaves Lansdown via lower fees have not made "significant enough" reductions to lure clients away, analysts at Barclays have said.