News

Revenue at wealth manager and employee benefits business Mattioli Woods grew by a quarter in the past 12 months, latest figures show.

Schroders has hired two listed real estate managers from Australia's AMP Capital to create a new property team as it takes over the Investors in Global Real Estate trust.

Asian indices hit a fresh six-year high this morning after positive manufacturing data helped lift sentiment.

Legg Mason has wound up its £7m Continental European Equity fund following a run of poor performance, as it continues with the restructure of its US business.

Investors have questioned the ‘safe haven' status of gold as the US dollar shows signs of ending its long-term decline.

HSBC has launched the first of a range of ‘smart beta' ETFs, giving investors exposure to one of its own tailored global benchmarks.

Property funds have topped the latest sales charts from the Investment Management Association (IMA), with retail investors pumping a net £491m into the asset class in May.

Aviva Investors is preparing to launch a range of three new funds to rival SLI's GARS strategy, under the leadership of new CEO Euan Munro.

The Retail Distribution Review (RDR) has resulted in a small number of gatekeepers at financial adviser firms, investment platforms, discretionary and wealth managers steering more money into fewer, bigger funds, new research has suggested.

Standard Life Investments (SLI) announced today it has completed its takeover of Ignis Asset Management following regulatory approval.