Woodford Investment Management raised £1.6bn for the CF Woodford Equity Income fund during its offer period this month, the company has announced.
Ignis Asset Management chief executive Chris Samuel is to exit the business next week when the takeover by Standard Life Investments completes, PA's sister title Investment Week understands.
The Fundsmith Emerging Equities trust will list on the London Stock Exchange tomorrow after raising £193m in its offer period.
Financial advisers are acting as a "barrier" between clients and social investment opportunities due to perceived greater regulatory risk, according to research.
Ethical investing turning point: Will advisers rise to the challenge?
Liontrust has seen a rise in assets under management and a jump in pre-tax profits, after its acquisition of multi-asset business North Investment Partners last October.