Investment firm Redmayne Bentley has launched its first digital-only Managed Portfolio Service (MPS).

Discretionary fund manager Seven Investment Management (7IM) has suspended two of its funds due to liquidity concerns.

Three in four financial advisers have felt supported by their preferred discretionary fund managers (DFM) during the Coronavirus pandemic but service has been lacking, according to a new report.

Assets under management rose 17.4% at Tatton Asset Management for the first half of its financial year which the discretionary fund manager attributes to “adapting seamlessly to the new trading environment”, including maintaining face-to-face engagement with advisers.