UK

Investec could offload Rensburg Fund Management after receiving a number of expressions of interest in the business.

The latest Legal & General Fundamentals, exclusive to IFAonline, looks at the causes of volatility in equities markets over the year to date.

The complexity of the UK tax system means advisers from all disciplines need to work together to achieve the best outcomes for their clients, writes Dawsons Solicitors partner Robert Macro.

Skandia has removed George Luckraft from the manager line-up on its £142m UK Best Ideas fund.

Income stalwart Richard Hughes will be replaced by Alex Odd as the manager of M&G's £501m Dividend fund from next month.

Fidelity International, one of the largest investors in Prudential, is calling for the resignation of chairman Harvey McGrath.

Invesco Perpetual head of investments Neil Woodford says it is 'reckless' to believe BP's $20bn compensation package will mark the end of the oil giant's worries.

Santander, Spain's biggest bank, is the sole remaining bidder for the 318 Williams & Glynn branches being offloaded by Royal Bank of Scotland.

Cofunds believes there is still time to influence the FSA and prevent a proposed ban on fund manager rebates and bundled charges as the regulator's response to the discussion paper is set to be delayed until September.

Jupiter's IPO has been more than 2.5 times oversubscribed after a strong take-up from both institutional and retail investors.