News

TwentyFour Asset Management has hired former Jupiter sales manager Bryan Bushnell for its growing team.

After several years of strong growth, Hargreaves Lansdown has reported a drop in pre-tax profits for the last six months of 2014 as the impact of clean pricing offset a further rise in assets.

Natixis Global Asset Management has unveiled two multi-factor equity funds run by its French affiliate Seeyond.

Fidelity's South East Asia fund manager Allan Liu is to retire later this year after 27 years of running active funds.

European rules requiring greater disclosure of portfolio costs could apply to fund managers sooner than expected if regulators decide to clear up inconsistencies in existing sets of proposals.

Aberdeen Asset Management's CEO Martin Gilbert has dismissed the option of re-opening the group's soft-closed emerging market equity products, despite continuing outflows from the funds.

Germany's 10-year government bond yield slipped below Japan's for the first time on record today.

Problems with the Financial Conduct Authority's (FCA) online regulatory reporting system GABRIEL have now persisted for a week, leaving firms struggling to input their data.

The chief executive of national IFA Ashcourt Rowan has talked of the importance of scale in wealth management as the company awaits regulatory approval for a near-£100m takeover by Towry.

Aberdeen Asset Management has suffered £4.8bn of outflows in the three months to the end of December, higher than analyst expectations, as poor emerging market sentiment weighed on its funds.