Liontrust's assets under management are to climb above £4bn imminently after the group won a £320m UK equity income mandate.
Neil Woodford has ended a 10-year investment in Reckitt Benckiser after the shares became "too expensive" to justify holding any longer.
Asset Allocators' Soapbox: Why excessive CEO pay has to stop
Challenger bank Virgin Money has announced plans for an initial public offering this month, committing to a progressive dividend policy in the process.
The Financial Conduct Authority (FCA) has opened an investigation after Tesco admitted it had overstated its half-year profits by £250m.
Fund Focus: Philip Saunders on why he likes 'unfashionable' equities
Newton's Richard Wilmot, manager of the group's £1bn UK Equity fund, is to leave the company, Investment Week can reveal.
Neil Woodford has criticised his own industry for charging customers too much and paying managers too high a price for tracker-style performance, in an interview with the BBC.
Measure up: The myriad ways advisers benchmark client portfolios
Old Mutual Global Investors' Ashton Bradbury is to retire from the group at the end of the year.