News

Pensions reforms, underserved areas of the market, and economies of scale are driving more investment managers to broaden the type of wealth management service they offer clients.

Sterling and gilt yields have dropped after an initial UK GDP estimate showed growth slowed more than expected in Q1.

Assets under management at wealth manager St. James's Place (SJP) have passed the £55bn mark as pensions and ISA flows offset a drop in other investment business.

The Financial Conduct Authority (FCA) has issued a warning against a commodity firm it believes is providing financial services without authorisation.

Alliance Trust has partially given way to Elliott Advisors' demands just a day before its AGM, agreeing to appoint two new non-execs to its board.

Henderson Global Investors is to sell its 40% stake in TIAA Henderson Real Estate for £80m, as its trading update revealed AUM grew by 10% in Q1.

Standard Life is closing its Savings Investment Trust ISA and Savings Scheme, and transferring customers to Alliance Trust Savings (ATS).

Property group Brandeaux has announced the redemption of a further 4% of investor shareholdings in its suspended student funds.

Investec Asset Management reveals three trades it believes can produce a different type of return stream for multi-asset portfolios.

J.P. Morgan Asset Management is merging its underperforming UK Focus fund into its UK Dynamic fund following a strategic review.