News

The percentage of assets going into clean share classes on the Axa Elevate platform has reached 56%, having more than doubled since the start of the year.

Growing fears over the risk of a credit crunch in China are misplaced, according to EFG Asset Management's Mansfield Mok, with the government standing behind the banking sector and ready to boost liquidity if needed.

Ben Bernanke, the chairman of the Federal Reserve, has said he does not understand gold prices or why investors hold it during certain economic environments.

RWC managers Peter Allwright and Stuart Frost have left the company and their Cautious Absolute Rate and Currency fund has been put under review by the group.

A number of ‘buy' signals are now flashing for some emerging market assets despite longer-term headwinds, according to strategists at Bank of America Merrill Lynch.

Nucleus has placed the ownership structure of the wrap under review in light of adviser charging rules concerning potential conflicts of interest.

Dalton Strategic Partnership's Luca Vaiani has been forced to increase cash to over 30% in his multi-asset fund as most assets in the portfolio posted negative returns in June.

Advisers "substantially underestimate" the threat from direct to consumer (D2C) businesses and are "over optimistic" about future revenues post-Retail Distribution Review (RDR), according to a wide ranging study by Cass Business School.

Brewin Dolphin is reviewing the service it offers clients with less than £50k in assets under management.

Anthony Wolfe has joined David Jane's multi-asset boutique Darwin Investment Managers to drive asset growth.