Miton Group lost a third of its assets under management over the course of last year, as a result of selling off part of its business and continued outflows.
The Financial Conduct Authority (FCA) has said it will look to take even earlier pre-emptive action against what it believes is bad practice in a bid to counter accusations from the industry that it unfairly employs retrospective regulation.
The price of Brent crude oil has moved back above $49 a barrel following the death of Saudi Arabia's ruler King Abdullah overnight.
European Central Bank (ECB) president Mario Draghi has announced an asset purchase programme that could total more than €1trn in an attempt to revive the eurozone's flagging fortunes.
Around half of wealth manager portfolios are failing to deliver positive alpha for clients, a new report has revealed.
The Financial Conduct Authority (FCA) has set out its final definitions of regulated advice and personal recommendations in retail investment, in a move it hopes will help firms develop 'low cost' distribution models with confidence.
Former Brewin Dolphin head of research Matthew Butcher has joined forces with ex-Argonaut COO Edward James and former colleague Matthew Collis to launch a consultancy firm for wealth managers and fund groups.
Investment Week provides live reaction and analysis following the European Central Bank's announcement of a €1.1trn quantitative easing programme for the eurozone.
St James's Place (SJP) saw funds under management hit a new record in the last 12 months, its latest figures show.