Managed solutions

CIPs should be an integral link between financial planning and desired client outcomes, writes John Porteous

J.P. Morgan Asset Management (JPMAM) has cut fees on its Fusion fund range, run by Tony Lanning, in a bid to improve the portfolios' competitiveness.

Walker Crips has acquired wealth firm Barker Poland Asset Management (BPAM) in a deal which will add £230m to its assets under management.

Invesco Perpetual has boosted its Global Targeted Returns team as assets in the UK-based strategy top £1bn, 18 months after launch.

Former chief executive of Bestinvest John Spiers has raided his old firm for five senior wealth management staff to build a new discretionary investment proposition aimed at high net worth clients.

Nutmeg has launched a personal pension charging between 0.3% and 1% depending on contribution, and free of set-up or exit fees.

This week's smartest investment commentary... condensed

Ian Aylward has cut Aviva Investors' multi-manager exposure to US equities to an underweight position for the first time since 2011, fearing the stocks are deeply over valued.

Investment and financial planning businesses Jonathanfry and Easby Gale and Phillipson (EG&P) have completed a merger to form a company with offices across the North East and Yorkshire running £700m of clients' funds.

Multi-asset managers are adopting a range of strategies to protect portfolios if asset class correlations begin to break down, turning to sector-specific investments and raising cash.