Octopus Investments has gone to the market with £50m of shares in its Titan VCT range.
Aviva Investors has added three more people to its multi-asset team, after several recent hires at its newly formed multi-strategy absolute return range.
The group’s annual report shows FUM rose to £6.55bn from £5.11bn a year previous, with over £1bn driven by organic growth.
Axa will launch a three-part investment offering made up of the Architas risk-rated multi-asset proposition.
Aegon has launched a new multi-asset income fund aimed at the post-pensions shake up retirement market.
The two hawks on the Bank of England’s monetary policy committee have not managed to convince any other members to support a rate hike, minutes show.
The new Asian Equities team will run the Dublin-domiciled $270m Old Mutual Pacific Equity and the $40m Old Mutual Asian Equity funds
Sense Network has appointed commercial director Steve Young chairman of the company.
Mackie has been with Vestra since June 2008.
Polar Capital has hired Nick Davis, formerly of Threadneedle Investments, to build a European income team.
Architas cuts ongoing charge on multi-asset passive range and up front charge on its 0 per cent AMC share class.
TIAA-CREF opens asset management office in London.
OECD has downgraded its forecast for most large economies.
Michael Clements will take on the role of head of European equities at SYZ and Claire Manson will run a European mid and small cap fund.
The star manager warns that Devo Max powers for Scotland could mark the beginning of the “fragmentation of governance” within the UK.
Private bank and wealth manager Kleinwort Benson has unveiled a bespoke discretionary fund management service for IFAs.
Millard joins as investment director on its MyFolio fund solutions team.
News comes as Octopus signs an agreement with Novia to offer Octopus Inheritance Tax Service on the platform.
Default journey merges accumulation and decumulation products.
Investec is to sell its Irish intermediated mortgage business Start along with other Irish mortgages assets to an affiliate of private equity firm Lone Star Funds.
HM Revenue & Customs has permanently reinstated venture capital trust status to the Oxford Technology VCT and the Oxford Technology 3 VCT.
Aviva Investors has outsourced management of its convertibles absolute return fund to a US firm, with the two fund managers moving with it.
The number of alternative investment distributors has been slashed to 200, down from 500 two years ago
The Washington-based fund says it does not want to comment on the political process underway, but it believes a yes vote would cause uncertainty for the UK market.
Although happy for the business cycle investment team at Schroders to continue managing the trust “for the immediate future” the board is set to speak to a “limited number of potential managers” in the next few weeks.
Independence could lead to some investors ceasing active investment in Scottish-based trusts but this could cause discounts to widen and create a buying opportunity too.
New group would have over two million customers.
The chief executive of Aberdeen Asset Management said he would not reveal his vote in the Scottish referendum on 18 September.
Most of the largest UK banks operate at least one trading darkpool, with 12 of the intra-business trading systems regulated by the FCA.
Massive funds have already started to underperform because of the difficulties in managing a portfolio of hundreds of different, small bonds, Hermes’ Fraser Lundie says.
Experts say the central bank may take “a more stimulus stance” on monetary policy while an interest rate rise could also be pushed back.
Firm increases its Sipp portfolio to around 2,975 schemes equalling around £1bn assets under administration.
Hirsch, who is chief executive of property investment company Raven Russia, joined the Liontrust board in 1999.
Panos Theofilopoulos is set to takeover from Neil Madden who has been with Fidelity for 12 years.
Firms with overseas headquarters has risen by 12 per cent from 43 per cent over the last 10 years.
Quindell took legal action against Gotham City Research after it “defamatory” claims about Quindell in a research note.
Fears of a win for Scottish independence continues to hit sterling.
Fund re-registration firm Calastone has appointed BNY Mellon head of transfer agency for EMEA and Asia Pacific Jon Willis as chief commercial officer.
David Webster was previously workplace strategy business partner and head of commercial marketing at Standard Life.
Shares in some of Scotland’s leading financial institutions including Standard Life and RBS have fallen by as much as 3 per cent.