News

The Financial Conduct Authority (FCA) is probing asset managers' use of "transition management" services over concerns end investors' interests are being disregarded.

Cofunds CEO Martin Davis is to leave the business following a restructure in the wake of its sale to Legal & General (L&G).

RWC is to launch a global equity fund for Louise Keeling, who joined the group from Marathon Asset Management last month.

Fund buyers are calling on iShares to review the pricing of its range of UK exchange-traded funds (ETFs), especially the mainstream vehicles that are charging substantially more than their peers.

Shares in Manchester United have fallen at the start of US trading after it was announced manager Sir Alex Ferguson is to bring an end to his 26-year reign at the club at the end of this season.

F&C Investments' Jeremy Tigue has taken UK exposure in his £2.6bn Foreign & Colonial investment trust to a 30-year low on fears the UK is lagging behind other markets in the dividend stakes.

Miton's Gervais Williams has been named as the new manager on the £12m Investment Company plc, prompting a near 30% rise in the trust's shares.

Investors are struggling to find ways to beat inflation in the UK, with savings accounts paying virtually nothing and bond yields squeezed by demand, but there are a number of funds out there which can deliver for investors.

The UK is experiencing a slower economic recovery than 23 of the 33 advanced economies monitored by the International Monetary Fund (IMF), according to analysis.

The Financial Conduct Authority (FCA) has confirmed it is delaying the publication of final rules governing the sale and promotion of unregulated collective investment schemes (UCIS), saying it remains unclear on some issues and must be allowed time to...