Fund manager and platform Fidelity has revealed the investment winners and losers for its clients in 2023.

Leading fund managers have been recognised as ‘best in class’ in the annual awards of independent fund rating agency RSMR.

Odey Asset Management - including subsidiaries Brook Asset Management and Odey Wealth - is to close down following sex scandal accusations that engulfed its owner Crispin Odey earlier this year.

Wealth manager St James’s Place has temporarily suspended dealing in its £924m SJP Property unit trust and will cut the annual management charge for the time being by 0.15%.