Darwin Investment Managers has launched a model portfolio service comprising three funds managed by multi-asset veteran David Jane.
Low-cost active equity funds, launched to much fanfare two years ago, are failing to attract investor interest as they pass their second anniversaries.
Axa Wealth's Elevate platform has seen assets under (AUM)management increase 50% from £4bn to £6bn, according to first quarter results.
Investor complacency and a "feeding frenzy" for yield represent the biggest current threats to investors, according to David Coombs, head of multi-manager investments at Rathbones.
Wealth manager Ashcourt Rowan today said revenues had fallen in the last year amid a restructure of the group as it looks to prepare for future expansion.