The Financial Conduct Authority (FCA) has said it will consider changing rules and guidance around fee disclosure in a paper examining the results of a behavioural investing experiment conducted with more than 1,000 non-advised investors.
AJ Bell has appointed a seasoned lawyer to its board ahead of its planned listing on the London Stock Exchange.
Premier Asset Management has increased the number of equity holdings across its Diversified fund after taking profits and reducing position sizes in several richly-valued stocks.
While decisions on external research have so far been dominating headlines in the post-Mifid II world, Winterflood Business Services is now seeing focus shifting to the challenges of delivering best execution.
Brexit-related outflows from UK equities and the departure of an experienced co-manager mean the top-quartile Rathbones UK Opportunities fund has failed to stymie redemptions, despite changes to fees and a product rebrand announced more than six months ago.
Schroders is replacing the fund manager on its fourth-quartile £438m European Opportunities fund and amending its investment approach.
Invesco Perpetual is expected to cut its 44% stake in AJ Bell, alongside second-largest shareholder Andy Bell, to make it easier for smaller investors to get in on the firm’s IPO.
Baillie Gifford will rebrand its top-quartile Corporate Bond fund as the Strategic Bond fund after the retirement Stephen Rodgers, who departs this month.
Neil Woodford has told investors the UK is set to become the fastest-growing economy in the Organisation for Economic Co-operation and Development (OECD) by the end of 2018 as he notes institutional investors remain underinvested in the country post Brexit.
The first quarter of 2018 saw markets stumble after a positive run in 2017. While economic data was largely positive, Italy delivered an inconclusive election result, the US Fed saw a change in chair, and Donald Trump took the first steps towards a trade war. Portfolio Adviser looked at three-month data from FE Analytics to…
Fund managers might be in for a research bill shock as the first quarter under Mifid II draws to a close, Chris Turnbull of the Electronic Research Interchange (Eric) has warned.
The first quarter of 2018 was highly unpredictable, with pessimism and volatility creeping back into global markets, but which funds came out on top? Portfolio Adviser takes a look at data from FE to find out.
