News

Few advisers have lost clients as a result of changes to how they are paid, according to a survey suggesting a happier intermediary sector than this time a year ago.

BlackRock has defended head of European equities Nigel Bolton after Italian regulator Consob launched legal proceedings against him.

Ashcourt Rowan has completed the acquisition of Generali Portfolio Management (UK), a deal which gives the group an additional £215m in discretionary assets under management.

J.O.Hambro Investment Management has rebranded itself as Waverton Investment Management today following the management buy-out from Credit Suisse.

The Financial Conduct Authority (FCA) is urging thousands of small firms affected by the interest rate swaps mis-selling scandal to hurry up with their compensation claims or risk missing out on money due to them.

Britain's growth rate could reach as high as 4% this year as the recovery accelerates, economists have said.

A crackdown on employers that set up offshore trusts for top earners has started to pay off, helping HM Revenue & Customs (HMRC) more than double its takings from investigations into big companies' payroll tax avoidance last year.

Jupiter is looking at a sale of its private client business after receiving an unsolicited bid for the division, according to reports.

Multi-asset funds were the top selling asset class for the majority of 2013, according to sales figures from Skandia.

Since Federal Reserve chair Ben Bernanke first raised the prospect of tapering on 22 May, bond funds have endured a torrid run, but some have coped much better than others.