News

A further 12 advice firms have been declared in default by the Financial Services Compensation Scheme (FSCS).

Family office Fleming Family & Partners is to merge with competitor Stonehage to form one of the largest family offices in the EMEA region.

Rathbones Unit Trust Management's multi-asset team has allocated to a China equity fund for the first time since the inception of the strategy in 2010.

US shares have continued to rally after European Central Bank (ECB) president Mario Draghi laid the groundwork for full blown quantitative easing in the eurozone.

The European Central Bank (ECB) is increasingly likely to announce full quantitative easing before the end of the year, interpretations of president Mario Draghi's latest comments suggest.

Asset managers deserve to be paid up to a third of the alpha they generate, Towers Watson's EMEA head of investment has suggested.

All seven product providers featured on Sesame's restricted advice panel have denied breaching the regulator's rules on inducements, after the network was fined £1.6m for selling spots to the highest bidders.

Jupiter chief investment officer John Chatfeild-Roberts has sold a stake in the company worth almost £2.3m after exercising share options.

Schroders chief executive Michael Dobson has played down the impact of a potential unbundling of dealing commissions on the business, saying analyst concerns are exaggerated.

The London Stock Exchange (LSE) has seen record ETF trading in October as investors turned to passive vehicles for tactical exposure.