News

Polar Capital has increased assets under management (AUM) by 80% in the nine months to December 2013 despite closing its UK equity desk, the group's update has revealed.

Some of the largest investment trusts in the UK could be set for a performance boost when loans with double-digit interest payments expire later this year.

Goldman Sachs and Citigroup have both reported disappointing profits today, as income comes under pressure from a fall in bond trading.

Hargreaves Lansdown has been urged to end a pricing 'anomaly' that could otherwise mean wealthy clients miss out on the benefits of its new pricing structure.

Hargreaves Lansdown has been tipped to add the £3.5bn in assets needed to replace the revenues lost from its clean pricing model in just nine months by consultancy the Platforum as it continues to 'dominate' the D2C space.

S&P Capital IQ is set to close its fund research business at the end of Q1 after a strategic review, Investment Week understands.

Advisers and providers share the burden of responsibility for managing potential conflicts of interest, the Financial Conduct Authority (FCA) said in a guidance paper out today.

Ex-Financial Services Authority (FSA) chief executive Sir Hector Sants is being courted by the Archbishop of Canterbury to lead a financial taskforce, just two months after leaving a key role at Barclays with "extreme stress and exhaustion".

Labour will refer high street banks to the competition authorities if it is elected in 2015, Ed Miliband, the Labour leader, is expected to say in a speech on Friday.

Platform giants Standard Life and Fidelity have attacked Hargreaves Lansdown over its new pricing structure following its release yesterday.