Shares across Asia fell on Thursday after latest Chinese manufacturing data came in at a seven-month low.

Stephen Mohan, head of UK & Ireland at Allfunds Bank, has reignited conversations with fund managers and clients about ‘0%' share classes, amid potential changes to VAT rules.

Walker Crips Group is continuing to pursue its growth agenda after a successful last quarter of 2013, with assets under management jumping by 33% over the year.

Schroders is to wind up its UK Core fund, calling time on its first offering in the 'low-cost active' space after failing to gather assets in the three years since launch.

Investec is considering the sale of Kensington, its intermediary mortgage business in the UK, and has appointed Fenchurch Advisory to conduct the procedure.

The £1bn UK Commercial Property trust run by Ignis Asset Management has cut both its fees and its dividend in a move to a 'more sustainable policy'.

BNY Mellon Investment Management has scrapped the initial charge on all investments for both lump sum and regular savings plans across its onshore fund range.

A new wave of outperformance for high yield debt plus a return to financing strategies seen pre-crisis have begun to alarm bond fund managers.

State Street UK has been fined £22.9m by the Financial Conduct Authority (FCA) for overcharging clients on a range of financial transactions.

Aberdeen Asset Management is warning investors to watch out for a scam artist claiming to represent the firm.