Platform and fund manager costs trump considerations of the range of products available, tools and services, brand, ownership structure and ability to white label when it comes to advisers platform choice, according to CoreData Research.
Poor performance and an extended period of tumult at Scottish Widows Investment Partnership has led three high-profile fund pickers to cast doubt on the firm’s place in the retail market.
Corporate credit specialist Muzinich & Co has added an income share class to its Transatlanticyield Global High Yield Bond Fund.
Meteor is launching two new deposit-based income plans, one based on the performance of the Ftse 100 and the other based on both UK blue chips and the performance of the S&P 500.
Investec Structured Products has launched a new collection of plans across a variety of risk and return profiles and under two product risk categories: deposit and investment.
Fidelitys Raymond Ma has taken over the running of its offshore Greater China Fund following the decision by Joseph Tse to depart the firm.
BNY Mellon has added to its distribution team to bolster the channels it believes will see increased adviser demand in the aftermath of RDR implementation.
Only 13% of investors will be looking for an ongoing advisory service in the fee-based aftermath of RDR, making them the most desirable and hard-fought for clients, new research from JPMorgan Asset Management claims.
L&G Investments is to launch a sterling corporate bond tracker, which will be made available through all major platforms later this month.
EFG Asset Management is boosting its Asia strategies with the launch of an open-ended equity fund that will invest in up to 50 Chinese and Hong Kong stocks across all capitalisations.
Coutts has made further appointments to its client solutions team under Ian Ewart.
HSBC Global Asset Management has launched an offshore Indian bond fund to be run by Gordon Rodrigues.
