News

First State has lowered the annual management charge on five of its specialist funds from 0.85% to 0.75%.

Two more investment trusts have cut their fees in a move analysts are pinning on increasing pressure from open-ended funds.

Anthony Bolton has said he feels his final year in charge of the Fidelity China Special Situations investment trust has 'vindicated' his decision to come out of retirement.

Aberdeen is to implement "significant" additional cost savings after emerging market woes saw it suffer £3.9bn in net outflows for the first two months of 2014.

The management of Diverse Income Trust is considering increasing the company's capital base in order to cut costs.

The government could have reaped more value from the Royal Mail sale it if had been less cautious and better controlled access to shares, the National Audit Office has said.

Rathbones has won the £43m race to buy Jupiter's private client arm and is also to purchase part of Tilney IM's private client business in a separate £14m deal.

The FCA will again shine the spotlight on the investment industry this year: here Investment Week highlights the key issues flagged by the regulator in today's Risk Outlook 2014.

The Financial Conduct Authority has proposed a sizeable hike in annual funding requirements for asset managers in 2014/15 due to the cost of AIFMD implementation.

Investors backing Google are set to profit from billions of dollars of video advertising revenue over the next few years, a Baillie Gifford American fund manager has predicted.