News

Total income at Brewin Dolphin for the final three months of 2012 fell by 5% on the quarter as trail income fell ahead of RDR implementation.

The US economy shrunk in the final quarter of 2012, raising fresh questions about the strength of its economic recovery.

Schroders is preparing to add a sterling-hedged share class to its £797m Tokyo fund as investors become more concerned about downside risk to the yen.

Aberdeen Asset Management's multi-manager team is to seed specialist Asian equity house Coupland Cardiff's Japan Income & Growth fund when it launches tomorrow.

AXA Wealth has cut its sales team by 30 staff in a bid to restructure the business following the completion of several projects.

F&C Investments recorded a £4.9bn outflow in the fourth quarter of 2012, with AUM hit by strategic partner withdrawals and redemptions in its wholesale business.

The Financial Services Authority (FSA) has said it will "come down hard" on those firms who continue to flout its rules after its first round of thematic reviews this year.

Britain risks seeing its standard of living hit if it leaves the European Union, according to the head of the firm running the world's largest bond fund.

London's leading share index is on course to record its best January performance since 1998, despite fears the UK economy could fall into a triple-dip recession later this year.

JO Hambro Capital Management's (JOHCM) Japan fund is heading towards soft-closure, following a wave of new inflows over the past twelve months.