News

The cyclicality of listed asset management businesses has been called into question as big names spring dividend surprises and attract the interest of UK equity income managers.

The Financial Conduct Authority (FCA) has launched a consultation on the use of social media by regulated firms, after outlining its expectations of companies when communicating with customers via channels such as Twitter.

UK and European equity markets have pulled back again this morning after two mega M&A deals fell through and geopolitical tensions increased.

Proposals from Europe to restrict the use of dealing commissions to pay for investment research have been rejected by the Investment Management Association (IMA) and the Wealth Management Association.

The FCA has used its consumer protection powers for the first time, banning the sale of contingent convertible securities to the mass market.

Legal & General is to roll out an expanded D2C platform offering by the end of 2014 as it seeks to complement Cofunds with an enhanced direct service.

Neil Woodford has added a new position in Royal Mail to his £2.4bn Woodford Equity Income fund as the company's share price began to falter this year.

The Financial Conduct Authority (FCA) is to restrict firms from selling contingent convertible securities (CoCos) to retail investors as of 1 October in the first use of its new consumer protection powers.

Equity Income fund managers are yet to warm to the tobacco sector, despite a strong 2014 for stocks driven by M&A and their defensive qualities.

Standard Life Investments' inflows fell 43% in the first half of this year, but profits still rose 9%.