The IMA has been questioning fund groups over their exposure to currencies in their fixed income funds, with the view to tightening sector definitions.
The IMA has soft launched a consumer website, providing investors with details on charges, risk ratings and fund performance, as well as commentary on regulation and checklists.
Mark Carney has seen off fierce competition to land the job of Bank of England governor, replacing outgoing chief Sir Mervyn King next summer.
Who will be the next governor of the Bank of England? The market is waiting with bated breath for Chancellor George Osborne to announce the successor to Sir Mervyn King later today.
Morningstar has revealed how it intends to present past fund performance post-RDR, following the introduction of new ‘clean' share classes.
Jupiter Fund Management reported a £1.6bn increase in assets under management for the third quarter, supported by flows into more cautious funds such as Merlin Income, Strategic Bond and Global Convertibles.
Victims of Bernard Madoff's fraud are being mailed a slice of a $2.4bn payout, bringing their total recovery amount so far to more than triple the amount initially set aside.