A UK fund house has been forced to freeze redemptions on one of its funds, after becoming caught up in an investigation by the Mauritian regulator into an alleged Ponzi scheme.
Forcing fund managers to "slavishly follow" risk parameters ties their hands behind their backs and runs the risk of disappointing investors, Henderson's global head of products and distribution has said.
CIPs should be an integral link between financial planning and desired client outcomes, writes John Porteous
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Walker Crips has acquired wealth firm Barker Poland Asset Management (BPAM) in a deal which will add £230m to its assets under management.
Invesco Perpetual has boosted its Global Targeted Returns team as assets in the UK-based strategy top £1bn, 18 months after launch.
Former chief executive of Bestinvest John Spiers has raided his old firm for five senior wealth management staff to build a new discretionary investment proposition aimed at high net worth clients.
Recent snippets from some of the investment world's biggest names...
Ian Aylward has cut Aviva Investors' multi-manager exposure to US equities to an underweight position for the first time since 2011, fearing the stocks are deeply over valued.
Investment and financial planning businesses Jonathanfry and Easby Gale and Phillipson (EG&P) have completed a merger to form a company with offices across the North East and Yorkshire running £700m of clients' funds.
Multi-asset managers are adopting a range of strategies to protect portfolios if asset class correlations begin to break down, turning to sector-specific investments and raising cash.
Hargreaves Lansdown is planning a push into the asset management arena which could see it hire external fund teams and market its services to advisory businesses in future.
As discretionaries begin working more closely with platforms, Gareth Johnson examines the mechanics of the DFM dating game...
The Investment Association (IA) is consulting members on a reorganisation of its sector structure as it seeks to better accommodate 'outcome-focused' funds.
Falling fees and long-term outperformance make active management the best option for investors, writes Steven Richards
Chancellor George Osborne's major shake-up of pensions, announced in last year's Budget, came as a major shock to the financial services industry.
Standard Life Wrap has partnered with eight discretionary firms in a bid to enhance the service it offers advisers facing up to pension freedom challenges.
Assets in Hargreaves Lansdown's multi-manager range have moved closer to the £5bn mark after the company raised £162m for its HL Multi-Manager UK Growth fund, which launched on 23 January.
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