News

Nick Train has warned investors in his Finsbury Growth & Income trust not to expect a repeat of 2013 returns this year, saying his "jaw-dropping" outperformance may be about to end.

An independent Scotland would have to compromise its sovereignty if it wants to remain in a sterling-based currency union, BoE governor Mark Carney has warned.

Invesco Perpetual's Mark Barnett has said he will take an ‘unpredictable' approach to mitigating potential outflows when he takes over Neil Woodford's equity income funds in April.

UK funds under management hit a record high in 2013, while sales of equity funds tripled from 2012, Investment Management Association data has revealed.

Brewin Dolphin felt the impact of removing trail commission in its latest results, with non-core income falling by 40% in the final quarter of 2013.

Aviva is introducing a platform charge of 0.15% for new customers with portfolios valued at more than £400,000.

Schroders is to streamline its multi-manager range following the takeover of Cazenove last year, with a number of portfolios to be merged away.

Nigel Wray, chairman of Saracens rugby club, has invested a "significant" amount in fund platform Nutmeg.

Barclays plans to cut hundreds of jobs in its investment banking division as part of a restructure, according to reports.

The cheapest UK equity income funds in the market are delivering much better long-term returns than some of their more expensive rivals, data compiled for Investment Week reveals