The latest research from the Association of Investment Companies, the trade body for investment trusts and investment companies, has revealed that purchases of investment companies by advisers and wealth managers on adviser platforms surged to a record level of £745m in the first nine months of 2017.

New figures have shown a significant increase in VCT fundraising last year.

Brexit should allow the UK to set its own rules for funds and asset management services, the AIC says.

The longest serving fund manager is in his 35th year in the role, a newly revealed list of veterans in the sector has revealed.