Old Mutual Global Investors is to introduce a fixed ongoing charges figure (OCF) across its fund range next year, and will also implement a volume discount for its largest funds.
Schroders has beaten analysts' expectations to post an 18% growth in profits in the third quarter of the year.
Fund buyers have called for more transparency on passive fund costs not contained within the ongoing charges figure (OCF) - even as a price war cuts headline fees to record low levels.
Nick Train has been aggressively topping up his holding in Hargreaves Lansdown shares, arguing fears over margin pressures at the platform are unfounded.
Woodford Investment Management topped the sales chart in the third quarter, despite subdued inflows into funds across the board, according to the latest Pridham Report.
Retailers and miners come under the spotlight as Investment Week counts down the ten scariest stocks of the year so far.
UK All Companies saw record net outflows of £852m in September, according to statistics released by the Investment Management Association (IMA) today.
Giles Hargreave has been ranked number one in a report by Tilney Bestinvest to select the top 100 equity fund managers in the UK.
The bad news continued for embattled retailer Tesco yesterday after its credit rating was downgraded by two key agencies.
Where did the smart money go in September?