Anna Fedorova and Julia Rampen report from Investment Week’s recent Senate Investment Conference
The IMA has said it will ensure the UK Equity Income sector does not become "unrepresentative" as other funds look set to follow Invesco Perpetual High Income out of the peer group.
Liontrust posted its best quarter for inflows in a decade during the three months to the end of March, according to its full-year results, released today.
Allianz Global Investors is planning to launch a US small-cap fund for UK investors in June.
Ashcourt Rowan has completed its acquisition of UK Wealth Management Limited (UKWM) from Duke Street General Partner in a £14m deal.
AXA Elevate has cut charges on portfolios valued at £1m or more for new and existing customers.
iShares has cut the total expense ratio (TER) on the accumulation share class of its S&P 500 ETF to 7bps in a further bid to undercut competitors.
‘Too big to fail' asset managers could suffer the equivalent of a banking run if a strategy began to suffer, the Bank of England's financial stability director has warned.
Artemis fund managers Adrian Frost and William Littlewood have upped their positions in UK life insurers after shares were hit hard by the Budget and the disclosure of an FCA probe into the sector.
The number of new jobs created in the US in March has missed estimates but failed to dent investor optimism as US markets opened higher this afternoon.