Confidence in the UK economy has hit a post-crisis high despite soaring valuations pointing towards a correction, according to the FT.
Aberdeen Asset Management has migrated all Scottish Widows Investment Partnership-run active equity funds and mandates, with the team that ran them at SWIP exiting the combined business.
Neil Woodford has been handed a mandate on Skandia's WealthSelect range, likely in the region of hundreds of millions of pounds, with the platform also getting access to the manager's 65bps share class.
Markets were mixed overnight after European Central Bank president Mario Draghi revealed he was cutting interest rates, including a move to a negative deposit rate.
Where are the best opportunities in UK large-caps?
Standard Life has become the second platform to secure cheaper access to Neil Woodford's new fund, after the group negotiated access to the 0.65% AMC share class.
Prudential's Williams: Fund objectives must keep the investor in mind
Professional Adviser sister title Investment Week is delighted to announce the shortlist for the 19th Fund Manager of the Year Awards.
Neil Woodford is considering opening talks with his former firm Invesco Perpetual about a private multi-billion pound deal to bring across his old stakes in the country's largest stocks, and avoid creating havoc in their share prices.