Aberdeen has reported £8.8bn in net outflows for the six months to 31 March 2014 despite redemptions slowing in the final month of the period.

Equinti Group is in exclusive discussions to take ownership of D2C platform Selftrade as French parent Boursorama cuts its losses on the business.

Invesco CEO Martin Flanagan has played down analyst concerns over further UK equity income outflows as former employee Neil Woodford prepares to launch his own fund.

China is poised to overtake the US as the world's largest economy far sooner than expected, according to new statistics.

Former Prudential chief executive Nick Prettejohn has joined Lloyds Banking Group as a non-executive director and chairman of Scottish Widows.

The Co-operative group has reported a record loss for the bank of £2.5bn after a "disastrous year" during which its banking division and the wider group came close to collapse.

Hargreaves Lansdown has said Neil Woodford's new fund management venture could provide a further boost to its business after it reported record net inflows of £1.83bn for the first quarter.

UK CPI inflation fell for a sixth consecutive month in March to hit a fresh four-year low, according to latest figures from the Office for National Statistics.

Brooks Macdonald's asset management business has acquired Jersey-based DPZ in a deal that will add a further £360m to its discretionary AUM.

The Investment Management Association (IMA)is to merge with the Association of British Insurers' (ABI) investment affairs unit in a bid to give fund managers a single, stronger representative voice.