Axa Wealth grew its assets under management by 10 per cent to £27bn in the year to 30 September.
Advisers must understand the limitations of risk-profiling tools to avoid compliance risks.
The eurozone crisis will continue for some time despite the worst being over, according to the latest report from Standard & Poor’s.
Old Mutual is looking to merge its £437m Old Mutual Property fund into the £2.25bn Henderson UK Property fund.
Tesco’s half-year profits have plummeted 92 per cent while its accounting black hole grew to £263m.
Premier has hired ex-Barclays Wealth director Paul Freeman and his former team of six wealth managers to launch a South West office.
Aberdeen-based Midas Financial Solutions is being investigated for offering unregulated short-term investments.
JPMorgan Asset Management’s Jasper Berens says the industry is not currently well positioned to deal with the implications of the pension reform.
FinaMetrica has launched a risk-profiling system aimed at helping advisers cater for smaller investors.
A £100,000 investment into an average UK Equity Income investment trust 20 years ago would have more than doubled in value.
Brooks Macdonald’s discretionary assets under management grew by almost 2 per cent in the three months ended 30 September to £6.68bn.
Hywel George, the director of investments, at the Old Mutual Investment Group, says it is the first time the group has launched an African fund to a global audience.
Payouts were up just 0.2 per cent year on year whilst underlying dividends declined by 2.9 per cent.
The Montreux healthcare fund, which launched last month, has purchased learning disability care homes business The Regard Partnership for £124m with backing from Macquarie Lending.
A spokesperson for Nomura has confirmed that Dickie Hodges will join the firm in November of this year.
Quilter Cheviot is set to become the discretionary fund management business within Old Mutual Wealth
Bank sold complex products such as exchange-traded commodities through its self-serve platform without appropriate checks.
Funds under management at Jupiter increased by 10 per cent in the third quarter while net revenues jumped 13.4 per cent.
John Spiers has acquired the £500m wealth management business of Truestone Asset Management for an undisclosed sum
The firm’s retail business posted $4.9bn (£3.1bn) inflows for the quarter while iShares recorded $18.2bn (£11.4bn) worth of inflows.
Henderson Global Investors head of European equities Richard Pease is leaving the firm for new start up boutique Crux Asset Management and taking his £1.1bn European Special Situations fund with him.
State Street Global Advisers has launched the first global passive convertible bond ETF on the German Borse.
Challenger bank had been due to launch its shares on the London Stock Exchange this month.
Unemployment has fallen to 6 per cent, the lowest rate since Lehman Brothers went bust six years ago, according to Office for National Statistics figures.
The latest data shows assets in the fund dropped to £740.3m at the end of September this year.
Regulator has launched national campaign to boost consumer awareness of investment scams.
Inflation in the Chinese economy came close to a five-year low but economists remain unconcerned about deflation risks.
The falling euro should give the trading bloc the boost it has lacked from its central bank and member governments, M&G’s Richard Woolnough says.
Honor Solomon appointed as head of retail distribution for Europe and the Middle East.
The Merlin also continues to invest in Woodford’s successor at Invesco Perpetual, Mark Barnett, through his flagship UK Strategic Income fund.
Exposure to equities has fallen 14 per cent in September following concerns over the end of QE on the global economy.
AUM at JP Morgan Asset Management also rose to $1.7 trillion (£1.06 trillion).
Old Mutual Global investors has hired ex-Ignis fixed income team led by newly-appointed head of fixed income - absolute return Russ Oxley.
Risk is still rewarding investors, but diversification is more important than ever for investors, JP Morgan AM’s Stephanie Flanders says.
The ONS says the fall in the Consumer Prices Index was driven by dips in transport costs and a range of recreational goods prices.
Hargreaves Lansdown has warned that continued low interest rates and the prevention of platforms to offer fixed term deposits is having a continued affect on revenues.
The group saw net outflows of $300m over the three months from July to September.
Abigail Johnson has taken over leadership of the company from her father.
Exports increased by 15.3 per cent compared to the same month a year previous.
The Intelligent Partnership has published its first industry-wide report on EIS investments in an attempt to make investments more accessible to advisers.