Aviva Investors plans to launch a low volatility absolute return fund as it simplifies its product offering following the arrival of Euan Munro as CEO, Investment Week can reveal.
Investors have sunk nearly £35bn into underperforming funds, with Fidelity the worst offender by number of products, according to Chelsea Financial Services.
Pension fund managers will be forced to fully disclose details of hidden costs associated with their products under new government plans, according to reports.
Three of the top ten dividend payers globally in 2013 were British companies, while financials accounted for the greatest proportion of payouts, according to a new study by Henderson Global Investors.
Berry Asset Management is to become Border & Cie (UK) as it adopts the name of its parent company ahead of a UK expansion.
Property specialist Brandeaux is considering listing the assets of its stricken student property fund as it seeks alternative options for the suspended portfolio.
Psigma's Tom Becket believes this year's Indian elections could be a new dawn for the troubled country, saying its current situation "cannot get any worse".
The chief executive of the Financial Services Compensation Scheme (FSCS) Mark Neale has defended his organisation's multi-million pound spend on marketing, saying it will help protect the industry from detrimental consumer behaviour.
The Financial Conduct Authority (FCA) is reminding investors that the deadline for filing for compensation from the Madoff Victim Fund (MVF) is the last day of February.
Franklin Templeton has launched a short duration bond fund for European fixed income head David Zahn.