News

Business volumes in financial services were up in the three months to June fueling optimism in the industry, despite an unexpected fall in profitability, according to a survey by the Confederation of British Industry (CBI) and PwC.

Aviva Investors is preparing to launch a range of three new funds to rival SLI's GARS strategy, under the leadership of new CEO Euan Munro.

Self-invested personal pension provider Barnett Waddingham has launched a ‘Flexible SIPP' to meet what it said was demand from advisers.

Standard Life Investments (SLI) announced today it has completed its takeover of Ignis Asset Management following regulatory approval.

Multi-managers Alan Thein and Tim Gardner have left L&G Investments following a review of the division.

US authorities have hit French bank BNP Paribas with a giant $8.9bn (£5.2bn) fine for breaking trade sanctions.

The Retail Distribution Review (RDR) has resulted in a small number of gatekeepers at financial adviser firms, investment platforms, discretionary and wealth managers steering more money into fewer, bigger funds, research has suggested.

International Life, Standard Bank Offshore Group and Canada Life International are among those life groups successful in this year's International Fund & Product Awards.

Advice firm consolidator AFH Financial group has raised £1m to fund its further expansion as the group issued new shares ahead of its first day of trading on the Alternative Investment Market (AIM).

Henderson Global Investors has agreed a deal to buy US fund manager Geneva Capital Management in a deal worth up to $200m (£117m).