News

Allianz Global Investors has brought its US small cap growth strategy to the UK via the launch of a new fund.

Fund managers have a "critical" imperative to warn clients about the risks of chasing yield despite low volatility, former monetary policymakers have warned.

Brooks Macdonald Asset Management has partnered with Berkshire-based IFA firm Petrus Financial Services to expand the reach of its investment propositions.

An IFA has left network Intrinsic after he felt he was being nudged towards adopting a restricted proposition following its takeover by Old Mutual.

The Financial Conduct Authority's (FCA) newly published guidance on social media promotion leaves firms with 40 characters to promote their products on Twitter, warned a consultancy as it criticised the regulator for "not going far enough" in telling...

Aviva UK has reported a 21% drop in the value of new life business it wrote in the first half of the year, mainly due to a steep fall in annuity business.

Bank of America Merrill Lynch is close to agreeing a $16bn-$17bn settlement over its handling of mortgage-backed securities in the run up to the financial crisis, according to reports.

International investor demand for European equities helped Henderson boost retail net inflows by more than seven times in the first half of 2014.

Old Mutual Wealth's soon to be re-branded Skandia platform today reported profits had jumped 400% in the first half of 2014 to £10m, while assets in its recently-launched WealthSelect range hit £1bn.

Henderson Global Investors has hired a multi-asset director to expand its retail and institutional business.