Hargreaves Lansdown has said Neil Woodford's new fund management venture could provide a further boost to its business after it reported record net inflows of £1.83bn for the first quarter.
Groundbreaking social network service Facebook is set to expand into financial services, according to reports.
The Investment Management Association (IMA) is planning an industry standard for how fund groups disclose turnover costs, it has emerged.
The Nasdaq index suffered its worst day since 2011 yesterday, dropping over 3% as investors continued to switch out of technology and biotechnology holdings.
Jupiter has reported net inflows of almost £550m in Q1 as new investment trust business and continued retail flows bolstered AUM.
The Royal Bank of Scotland (RBS) has agreed a deal to scrap its Dividend Access Shares, bringing the resumption of dividend payments by the bank much closer.
Income investing: Look beyond the high yields