News

Troy Asset Management's Francis Brooke has said the proposed takeover of AstraZeneca will go ahead once Pfizer eases politicians' concerns on the future of the UK's research industry.

Bond investors' "desperation" for yield can lead to many funds taking too much risk at the wrong price, Invesco Perpetual's Paul Read has warned.

Rathbone Unit Trust Management has seen its funds under management soar by 16.7% in the first quarter of 2014, according to results published today.

Brewin Dolphin has uncovered problems in its software and decided to cease using the system for the firm's discretionary wealth management business.

The Investment Management Association (IMA) has called on members to "abandon" the use of annual management charges (AMCs) on any literature following the Financial Conduct Authority's guidance on fund fees.

The Financial Conduct Authority (FCA) has urged asset managers to move away from using the annual management charge (AMC) as their headline cost, instead pushing for a focus on the ongoing charges figure (OCF).

The FTSE 100 has soared to its highest level since early 2000, as mining and housing stocks boost the blue-chip index at the start of the week.

Heartwood IM has hired former Old Mutual Global Investors (OMGI) product head Matt Hollier to oversee the business management of its UK and Dublin fund ranges.

Eden Asset Management founder and former M&G equities head Ed Rosengarten has joined Smith & Williamson as head of its funds business.

The industry's most concentrated funds have comfortably beaten their more conventional rivals over all time periods, new data has revealed.