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Neil Woodford to leave Invesco to set up own fund firm
- Tuesday, 15 October 2013
- Articles
Leading income fund manager Neil Woodford is to leave Invesco Perpetual in April to set up his own fund business and transfer fund responsibilities to Mark Barnett and the Invesco Perpetual UK Equities team.
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FCA confirms it will use new power to name firms under investigation
- Tuesday, 15 October 2013
- Articles
The Financial Conduct Authority has confirmed how it will use its new power to publicise warning notices by publishing information about proposed enforcement action.
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CPI was unchanged at 2.7% in September
- Tuesday, 15 October 2013
- Articles
ONS has announced that the Consumer Prices Index (CPI) grew by 2.7 per cent in the year to September 2013, unchanged from August.
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Barings to launch European Opportunities Fund
- Tuesday, 15 October 2013
- Articles
Baring Asset Management plans to launch the Baring European Opportunities Fund in the next few weeks, subject to regulatory approval.
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Advisers showing growing resilience post-RDR - survey
- Tuesday, 15 October 2013
- Articles
A survey by Aviva suggests that advisers are showing growing confidence in the the post-RDR world. The findings support a similar survey by AXA last week which found demand for fee-based advice strong.
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45% of advisers outsourcing investment management
- Tuesday, 15 October 2013
- Articles
Research results from financial research company Defaqto has found show that 45 per cent of financial advisers are outsourcing some or all of their investment management.
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City Financial unveils Hong Kong-based Asian macro fund
- Monday, 14 October 2013
- Articles
City Financial, the independent investment manager with £800m under management, is planning to launch an Asian macro fund in the first quarter of 2014.
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AXA adds new features to Elevate platform
- Monday, 14 October 2013
- Articles
AXA Wealth has introduced a number of enhancements to its Elevate platform which it says are driven by demand from advisers keen to improve their efficiency and client service.
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SimplyBiz completes 10% buyback of group from Standard Life
- Monday, 14 October 2013
- Articles
SimplyBiz has completed its expected buyback transaction with Standard Life. It has bought back 10 per cent of the group held by Standard Life for an undisclosed sum.
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Pensions are failing current generation - Altmann
- Monday, 14 October 2013
- Articles
Many current pensions will fail to reach their target, leaving pensionholders at the mercy of the annuity markets and stranded with inadequate pensions, warns a new report.
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