Schroder has trimmed fees on its 'low cost' multi-asset active fund range from 29bps to a maximum of 22bps and renamed the funds as part of an overhaul.

Investment, protection and retirement provider LV= is to replace Columbia Threadneedle Investments with BlackRock as its primary asset manager.

UK investors moved £409m into funds in February as ISA savers continued to commit to long-term investing, according to the fund sector's trade body.

Investment research provider Morningstar has announced the winners of its UK 2023 Morningstar Awards for Investing Excellence which recognise long term performance.