Morningstar has launched a new business unit offering institutions and financial advisers seeking to outsource fund selection or asset allocation access to a series of Select Lists and Model Portfolios.

Fund sales have nosedived amid the escalating trade war between the US and China.

Data provider Defaqto has launched a guide to multi-asset, risk-bound fund families to help advisers understand and use them for clients where appropriate.

The FCA has told managers of 64 funds to make it “clearer” to consumers how constrained they are, it has been revealed.