News

Schroders has appointed Prudential Regulatory Authority (PRA) risk analyst Craig Botham to its global economics team.

Asset managers must seize the opportunity to flourish post-RDR as they implement new pricing structures, according to Artemis' new head of retail Richard Pursglove.

The Association of Professional Financial Advisers (APFA) has written to the regulator to ask for a period of regulatory certainty to allow advisory firms to adapt fully to the Retail Distribution Review (RDR).

The Financial Conduct Authority (FCA) has launched enforcement action against at least one small firm for failing to handle payment protection insurance (PPI) claims properly, after it found "serious problems" at two thirds of the firms it reviewed.

Harwood Multi Manager has revealed the ten most and least volatile funds in the IMA Global Sector over the past 12 months, amid renewed investor interest in the sector.

Standard Life has so far only managed to secure super clean share classes from 11 of the 15 fund groups it originally said it had agreed terms with, Investment Week understands.

The recovery of the British economy is now "sustainable and self-confirming", according to David Miles, an external member of the Monetary Policy Committee.

Aberdeen Asset Management is said to be in talks to buy Scottish Widows Investment Partnership (SWIP).

Smith & Williamson has announced a number of key changes to its senior management, including promoting two staff members as co-chief executives.

Schroders is to launch a global equity fund for managers Nick Kirrage and Kevin Murphy investing in stocks they feel are primed for a recovery in value, Investment Week understands.