Fidelity Japanese Values has become the first investment trust run by the asset manager to adopt its variable management fee model, but has also announced plans to switch to a poorer performing benchmark.
Thesis Asset Management has become the latest discretionary investment manager to launch a decumulation portfolio, following in the footsteps of Parmenion and Copia, as advisers complain about a lack of products focused on income rather than accumulation.
A year since UK prime minister Theresa May sent a letter to European Council president Donald Tusk triggering Article 50, the fund industry weighs in on whether it is the UK or the EU that has the stronger hand in Brexit negotiations.
The FCA has confirmed European Union firms and funds benefiting from a passport do not yet need to apply for authorisation due to the implementation period that has been agreed between the UK and EU, while the Bank of England has said it will be business as usual for banks, at least for the next…
Trojan Income manager Francis Brooke has cut portfolio holdings that could cause liquidity issues after doorstep lender Provident Financial delivered a substantial hit to fund performance over the last year.
The Financial Conduct Authority is to probe insurance giant Aviva over whether its plan to cancel £450m of preference shares was market abuse.
OMGI chief executive Richard Buxton has said the UK cannot plan for its post-Brexit future with any certainty as the one-year anniversary of Theresa May triggering Article 50 approaches.
Pictet Asset Management multi-asset manager Shaniel Ramjee is avoiding consumer staples and telecommunications as they have accumulated too much debt.
Columbia Threadneedle Investments has launched a global absolute return credit strategy to mirror its existing Threadneedle Credit Opportunities Fund.
The most expensive passive exposure to the FTSE All Share comes through the Virgin UK Tracker, which charges 1%. But how much could investors save in fees by going with the five cheapest funds on offer?
Aviva and Barclays bucked the downward trend in complaints about financial services companies made to the Financial Ombudsman Service (FOS) in the second half of 2017, according to the latest figures.
Blackrock Frontiers shareholders have voted overwhelmingly in favour of the investment trust extending its investment universe to some emerging markets in a vote in London today.
