7 in 10 asset firms fail to provide underlying costs

Nearly seven in ten asset manager firms failed to provide the underlying fund costs to a prospective new client in initial discussions, a mystery shopping style probe found.

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Old Mutual sells stake in US asset management arm

Old Mutual is selling a stake in its US asset management arm, it revealed this morning.

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Funds and Brexit: Theresa May urged to avoid 'one size' rules

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

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Active fund managers face tougher times if FCA forces reform

Ratings agency Moody’s has warned that the FCA’s review of the value of active fund management could hit fund managers profits if major reform takes place.

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