BNY Mellon

Woodford gains five Crowns on first rating

Replaced by Hanneke Smits

Newton's chief investment officer Simon Pryke is leaving the firm after almost 20 years to pursue more commercial roles.

Super clean and others; why fund groups took different approaches to passing on cheaper costs

Standard Life has secured discounts from 12 external fund groups across 291 clean funds, equivalent to an average AMC discount of 13bps.

BNY Mellon Investment Management has scrapped the initial charge on all investments for both lump sum and regular savings plans across its onshore fund range.

Scott Goodsir, head of UK wholesale at BNY Mellon, is leaving his role after 15 years at the company to become head of UK distribution at Skandia.

Yesterday Aberdeen Asset Management confirmed rumours it was in talks to buy Scottish Widows Investment Partnership (SWIP), a deal which would make it the largest listed fund management firm in Europe.

Absolute return providers have been forced to respond to capacity questions by changing fund remits or even soft-closing vehicles as flows into the sector leap this year.

M&G Investments has regained its number one position on the Pridham fund sales list, knocking BlackRock off the top spot.