News

Need for advice among high-value investors still increasing.

Neil Woodford's Invesco Perpetual Income fund has shed £550m in a single day, according to data from FE, as outflows from his portfolios continue.

Schroders has increased its stake in Liontrust Asset Management to 23% following the boutique's latest results.

BNY Mellon Global Fund has launched two new Japanese equity funds for its recently-hired Japanese equities team.

The Financial Conduct Authority (FCA) has warned a bank manager that it intends to take action against him for failings in relation to an interest rate benchmark.

M&G retail fixed income head Jim Leaviss has relinquished his lead manager role on two of his main portfolios as part of a reshuffle of the team.

A new wave of outperformance for high yield debt plus a return to financing strategies seen pre-crisis have begun to alarm bond fund managers.

Alain Grisay, the former chief executive of F&C Asset Management, has passed away.

NEWS ANALYSIS

Julie Dean's best-selling Cazenove UK Opportunities fund helped Schroders top the Q4 net sales table, according to the latest edition of the Pridham Report.