Around half of wealth manager portfolios are failing to deliver positive alpha for clients, a new report has revealed.
Advisers are being exposed to accusations of negligent advice by the regulator because comparing charges for the most common outsourced investment options - multi-manager (MM) and discretionary fund managers (DFMs) - is "impossible", according to a new...
Morningstar has launched two income portfolios to be actively managed by its Morningstar OBSR Managed Portfolios team.
Discretionary fund managers are facing growing pressure to standardise managed portfolio fees as the FCA considers warning advisers against using any service where costs are not clear.
The smallest discretionary fund managers in the UK market could be vulnerable to a fresh wave of takeovers by larger rivals, new research has suggested.
Novia's profits rose sharply last year after the group received a boost from the sale of its Novia Investment Services arm to Aegon.
Brooks Macdonald is planning a ‘substantial' fee cut for its discretionary fund management service, which could see its headline charge fall by up to 30%.
Skandia has negotiated an average deal of 40bps to 45bps for funds in its WealthSelect panel, Investment Week can reveal
Adviser support group Aim Two Three is launching a discretionary fund manager (DFM) comparison tool.
Boutique investment house Newscape Capital Group has closed its poorly-performing Dynamic Rates & Currency fund less than two years after bringing it to market, and has also shut its Absolute Bond fund, Investment Week understands.