UK funds under management hit a record high in 2013, while sales of equity funds tripled from 2012, Investment Management Association data has revealed.
Skagen has launched RDR-compliant clean share classes in the UK for its Kon-Tiki, Global and Vekst equity funds.
Telecoms giant BT has won the rights to exclusively screen all the live Champions League and Europa League matches after a fierce bidding war against rival Sky.
LIFE AFTER WOODFORD
Royal Mail shares have fallen in early trading as investors take stock of their positions following the huge surge in the share price of the group over the last few days.
UK equities overtook global specialist funds to become the second most popular asset class on the Skandia platform in the third quarter, with multi-asset funds remaining in the top spot.