Tracker funds saw net retail sales of £532m in July, the highest level since Investment Management Association (IMA) records began twenty two years ago.
Old Mutual Wealth chief executive Paul Feeney has contacted clients to defend a decision to shut the Skandia Invesco Perpetual income funds, pointing to "truly exceptional circumstances" following Neil Woodford's departure.
Satisfaction guaranteed? Post-Budget pension pot investing
The Bank of England will hold off on hiking rates for six months if it does not act by November - leaving a "clear run" for investors until the general election, Richard Buxton has predicted.
Sector report: Hold your nerve or cut your losses in Japan?
Asset Allocators' Soapbox: Where to look next for supported valuations
Advisory and wrap business Raymond James Investment Services has consolidated its return to profit, generating almost £235,000 in 2013.
Fund Focus: SLI's Scott Smith on why he continues to support a pro-risk position
US markets continued to edge higher on Wednesday, despite the Federal Reserve's latest minutes suggesting an interest rate hike may come sooner than expected.
Wealth managers report their clients are clamouring to take on more risk in portfolios, even as markets retreat from record highs.