News

The TwentyFour Select Monthly Income trust has met its minimum fundraising target despite an increasingly difficult market for trust IPOs.

Investec Asset Management's plans to launch preferentially priced share classes for key distributors have been thrown into doubt after the country's largest D2C platforms revealed no evidence of such deals.

Mark Williams, manager of the Liontrust Asia Income fund, assesses two major events in China which coincided with the fund's second anniversary last week.

Multi-asset managers are using setbacks such as that caused last week by unrest in Ukraine to increase their exposure to buoyant markets.

Polar Capital's chief executive Tim Woolley has sold 500,000 shares in the company for almost £2.4m.

Multi-manager Tony Yousefian is to join Charteris Treasury Portfolio Managers following his exit from City Financial.

Legal & General is to close its £222m Global Macro Themes fund - formerly David North's Diversified Absolute Return trust - as current manager Ben Gill leaves the group, Investment Week can reveal.

Generational changes in fund management do not, by nature, occur often.

The US economy added 175,000 jobs in February, ahead of estimates and confounding fears that continued bad weather would hurt the employment recovery.

Activist investor Edward Bramson has added to his stake in Electra for the second time in a week, making a 10% profit in the process.