News

Royal Mail shareholders have been richly rewarded so far, with gains of more than 60% on their investment. But is the game up for now, or should investors hang on to shares ahead of the group's results?

Prudential has unveiled a range of clean share classes on its multi-asset funds, initially available on the Standard Life and Aviva platforms.

Threadneedle has partnered with the social investment arm of the Big Issue to launch the Threadneedle UK Social Bond fund.

Ex-Arch Financial Products chief executive Robin Farrell and compliance director Robert Addison have fiercely contested allegations of greed and dishonesty in relation to investments made by the Arch cru funds.

The Financial Conduct Authority (FCA) has launched a consultation on proposed changes to the rules governing the use of dealing commission by fund managers, in particular how they pay for access to company CEOs.

Fidelity has written to the boards of more than 400 companies and warned them it will start voting against remuneration packages for bosses from January unless changes are made which lead to more long-term incentive plans.

Strategists and multi-managers are moving back into China following the latest wave of economic reforms detailed in its Third Plenum, with some labelling the package of measures as the ‘catalyst' for stock market returns.

HIGH YIELD

Seven of the UK's largest asset managers are teaming up to gather information on end investors' needs in a move which could trigger changes to their fund ranges.

Aberdeen's chief executive Martin Gilbert has committed the fund group to competing on a global scale after it secured the takeover of Scottish Widows Investment Partnership (SWIP) in a deal worth up to £650m.