Seven of the UK's largest asset managers are teaming up to gather information on end investors' needs in a move which could trigger changes to their fund ranges.
IFAonline's sister title Investment Week's Investment Company of the Year Awards 2013 were held last night in London, rewarding the top talent within the closed-ended fund space.
US investment banking giant J.P. Morgan Chase has agreed a mammoth $13bn (£8bn) settlement in relation to sales of residential mortgage-backed securities which contributed to the financial crisis.
JP Morgan has agreed to pay $5.1bn (£3.2bn) to resolve claims it misled mortgage lenders before the housing crash.
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.
J.P. Morgan has reportedly agreed to pay an £8bn ($13bn) fine as part of a settlement with the US over its role in the mortgage-backed securities market, which led to the near-collapse of the US financial system.
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J.P. Morgan could be hit with a fine of more than $6bn from US authorities as they pursue the bank over sales of securities to government-backed mortgage companies.
Spanish police say they have arrested a former JP Morgan Chase trader wanted by the United States for allegedly falsifying bank records to cover up $6bn in trading losses.
JP Morgan is facing accusations that it hired the children of influential Chinese officials to help the investment bank win business in China.
J.P. Morgan Asset Management (JPMAM) is offering structured continuing professional development (CPD) to advisers through bespoke meetings with its sales managers.
The tribunal hearing brought forward by former JP Morgan Cazenove chairman of capital markets Ian Hannam, following his Financial Services Authority (FSA) fine and ruling last year, has begun today.
J.P. Morgan Asset Management (JPMAM) is to merge away three funds and launch a new retail product as it completes an overhaul of its UK fund range, Investment Week can reveal.
Having spent time in the "economic and stockmarket wilderness", India is worth a second look according to the managers of J.P. Morgan's Luxembourg-registered India fund.
The Financial Conduct Authority (FCA) has fined J.P. Morgan International Bank (JPMIB) £3,076,200 for systems and controls failings relating to its provision of retail investment advice and portfolio investment services.
J.P. Morgan Chase head Jamie Dimon survived a protest vote at the firm's annual shareholder meeting yesterday, which may have stripped him of his role as chairman.
Low-cost active equity funds, launched to much fanfare two years ago, are failing to attract investor interest as they pass their second anniversaries.
Advisers are experiencing frequent problems with risk-adverse clients holding large amounts of cash, despite the menace of inflation, according to J.P. Morgan Asset Management.
J.P. Morgan (JPM) Asset Management is adding to its 21 strong range of investment companies with the launch of a Global Convertibles Income trust.
J.P Morgan Asset Management has launched an online portal to help advisers deal with their clients' income-related needs.
The New York Attorney General has sued J.P.Morgan Chase for allegedly defrauding investors who lost billions of dollars on mortgage-backed securities sold by Bear Stearns.