Increase in customers using with-profits in retirement, says LV=.
Fidelity has narrowly trumped Henderson to sport the most FE Alpha Managers in the fund researcher’s latest update.
A parade of high profile managers has been chopped from the FE Alpha Manager list in its latest update, including Axa IM’s Nigel Thomas.
Concerns rise that the European Central Bank’s quantitative easing programme is likely to prove too little, too late.
Total client funds are up 2 per cent year-on year to £20.5bn.
Secured Energy Bonds, launched in 2013 with promises of 6.5 per cent interest payments, has fallen into administration.
The economy expanded by 0.7 per cent in the final three months of 2014.
Morningstar Investment Management has hired former Brook Macdonald sales boss Mark Watson to push its managed portfolios across the country.
Standard Life Wrap has launched a retirement-focused DFM offering for advisers as the platform looks to boost its pension offering following the Budget reforms.
Athens Stock Exchange slides and Greek debt yields rise as Alexis Tsipras’ government plants its feet against austerity.
Greene King, Next and Merlin Entertainment could be major beneficiaries, Hargreaves Lansdown senior analyst Laith Khalaf says.
Investment Association statistics show record sales of trackers, while UK Equity Income was the top seller driven by flows into Neil Woodford’s fund.
Fund analyst removed the rating following Simon Brazier’s departure last year.
The investment trust’s net asset value has dropped 1.2 per cent, while the smaller companies benchmark has fallen by 4.6 per cent over the six months to 30 November.
Brewin Dolphin’s commission income was battered by a slump in trading caused by greater volatility, but the wealth manager has boosted its assets under management.
Markets dipped lower again yesterday, with both the S&P 500 and the Euro Stoxx 50 closing more than 1 per cent lower.
BlackRock’s babyboomer survey has revealed 40 per cent of those aged 55 to 74 have not started to save specifically for retirement.
British GDP growth slowed in the final quarter of last year, but the headline output is the best since 2007 at 2.6 per cent – even if some of that owes to “unsustainable stimuli”.
Brooks Macdonald boosted its discretionary managed funds by 4.1 per cent in the final quarter of 2014, taking it just shy of £7bn.
Oil-producing cartel has maintained production levels despite a nearly 60 per cent fall in prices since June.
Standard & Poor’s has slashed Russia’s credit rating to junk – the first time in a decade – sending the rouble sinking further.
The much-criticised M&G Recovery fund is becoming increasingly illiquid, Morningstar says.
The European stockmarkets have been unaffected by Greek left-wing alliance Syriza’s win, but how things develop from here could differ widely, investors say.
Nationally-agreed life expectancy figures should be included in Pension Wise, says Aviva.
Insight Investment has hired former-Aviva Investors economist David Hillier as a portfolio manager on its global multi-asset strategy team.
Regular UK dividend growth slowed sharply last year to just 1.4 per cent, the lowest rise since 2010.
Greece’s left wing opposition has ridden a wave of discontent over the country’s non-existent recovery to a convincing electoral victory yesterday.
The number of underperforming funds named in the Tilney Bestinvest Spot the Dog report has spiked by a fifth on last year to 60.
Kennedy co-founded of InvestMe Financial Services in Dubai before returning to London to work for Hermes Investment Management.
George Soros, the man who broke sterling, is retiring from trading for good to focus on “political philanthropy”, the Times reports.
McNie joins the group from Brewin Dolphin.
Miton Group shed £1bn of assets last year, with the retirement of Bill Mott from the PSigma business sparking more than £330m in redemptions.
Latest survey takes the index to its highest level since August, although French manufacturing confidence is still in decline.
Latest PMI reading however illustrates minor improvement across the industry.
The European Central Bank’s €1.1trn quantitative easing programme may neither prevent an extended bout of deflation nor revive the eurozone economy.
The European Central Bank has announced a programme of quantitative easing to the tune of €60bn a month until the end of September 2016.
Investment products that give certainty of income as well as flexibility should be the winners from the new pension freedoms.
Stephen Message has taken a massive bet on financials, allocating almost 40 per cent of his Old Mutual UK Equity Income fund to them.
Funds under management hit record £52bn.
Mike Dobell’s £5bn fund has been demoted from gold to bronze.