News

Fidelity FundsNetwork has warned the true cost of implementing the 2016 legacy rebate ban could be far higher than the regulator's predictions because of rules on contacting ‘dormant' clients.

Kames Capital has bought into the record $17bn corporate bond issue unveiled by Apple yesterday, saying the deal "has to be a buy" - but other fund managers are not so sure.

The UK small cap market has done spectacularly well over the last year, leaving some to question where potential upside will come from next, but stock pickers say there are still some gems that can keep on rising.

Managing Partners Limited (MPL) has suspended redemptions on its Traded Policies fund "in the interests of existing and future investors".

Ecclesiastical has appointed Mark Hews as group chief executive officer with immediate effect.

Artemis Strategic Assets fund manager William Littlewood is running the lowest net equity position in the fund's history in expectation the current rally cannot continue.

A number of global emerging market fund managers have been cutting exposure to the defensive consumer staples sector, as fund buyers warn their positioning has damaged performance.

Fidelity FundsNetwork has confirmed it is reviewing its charging structure for investors in its Navigator range who buy the funds via its own platform.

Skandia has expressed fresh doubts about negotiating preferential share classes with fund managers, instead focusing on launching unbundled share classes that will continue to pay rebates.

Jupiter's £400m Ecology fund has added a second benchmark, the FTSE Environmental Technology 100 index, as manager Charlie Thomas proclaims environmental investing has "come of age".