News

The Financial Services Compensation Scheme (FSCS) has made top-up payments to Keydata investors after it recovered money from the underlying bond Lifemark's trustees.

Canaccord Genuity Group has appointed David Esfandi as chief executive of its wealth arm as part of a wider shake-up of senior management.

Saunderson House is coming up with a total cost of ownership fee structure that will include all advisory, platform, fund and investment costs.

Stephen Lansdown has sold off another significant stake in Hargreaves Lansdown, the business he co-founded.

BNP Paribas Investment Partners' flagship Parvest fund range is now available to private bank clients and external distributors for the first time.

Investors will find little value in Lloyds Banking Group shares due to "limited" growth prospects, a UK equities manager has said.

Kames Capital is set to launch its first Property Authorised Investment Fund (PAIF) on Friday, to be co-managed by David Wise and Alex Walker.

BNY Mellon has moved to soft-close two of its popular absolute return vehicles - including an Insight product - after inflows soared in recent months.

Legal & General, one of the country's largest annuity providers, has said it expects to see revenues from annuity products fall by three quarters by the end of 2015 following a sweeping reform of the sector.

For managers looking to add alpha to their portfolios, striking the balance between stock concentration and portfolio diversification can be a tricky one.