Saracen launches UK income fund
Saracen Fund Managers has launched the Saracen UK Income Fund, managed by Scott McKenzie.
United Kingdom
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Miton 1bn outflows alongside new trust
Miton has reported outflows during 2014 of over £1 billion alongside the announcement of a new microcap investment trust.
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Cofunds posts surge in pre-tax profit for 2014
UK investment platform Cofunds has reported an 83% increase in pre-tax profits of £7.7m for 2014 due in part to a big growth in retail pension assets using its service.
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TwentyFour AM partially bought out by Swiss firm
TwentyFour Asset Management has been partially bought out by Swiss investment firm Vontobel Asset Management.
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UK rate cut not on cards despite Haldane
Axa Investment Managers has played down the prospect of a Bank of England interest rate cut in the wake of comments from the central banks chief economist Andy Haldane.
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FCA bans two former TMI directors
Two former directors of failed financial advisory firm TailorMade Independent (TMI), which advised clients on self-invested personal pension (SIPP) transfers into troubled overseas property company Harlequin, have been banned by the Financial Conduct Authority (FCA).
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Alliance Trust digs in for battle
Alliance Trusts board has unanimously rejected a proposal from major shareholder Elliott Advisors to add three new members.
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Alliance trust digs in for battle
Alliance Trusts board has unanimously rejected a proposal from major shareholder Elliott Advisors to add three new members.
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Is property really as safe as houses
The demand for property is increasing as investors need for yield remains though the longer they wait to invest the more expensive the asset class becomes.
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A Budget to boost UK equities
George Osborne provided a welcome boost to United Kingdom equities in spelling out why Britain is walking tall again as he delivered the 2015 Budget.
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white paper reveals multi asset growth
A new white paper produced by Henderson Global Investors has shed light on the rapid growth of multi-asset investing.
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Budget for wealth managers to fear and cheer
As Chancellor of the Exchequer George Osborne limbers up to deliver the 2015 Budget, wealth managers and financial advisers have reason to be gleeful and cause to worry.
