Winterflood chief executive Julian Palfreyman is to retire from the company at the end of July after 27 years of service.

Threadneedle is planning to launch an OEIC version of Jim Cielinski's $315m Global Opportunities Bond fund later this year, in response to demand from clients.

Arch Financial Products chief executive Robin Farrell and compliance officer Robert Addison have called in administrators to liquidate the company, weeks after the High Court ruled it had been negligent in its management of the failed Arch cru fund range....

The property manager of the Mansion Student Accommodation fund has proposed a wind-up of the fund after redemptions were suspended for more than a year.

Listed advice firm Lighthouse Group has teamed with Money on Toast to create a 'cost-effective' focused investment advice service to be delivered online.

The precipitous decline in the oil price has continued this morning, with a further slump in Brent crude seeing it trade below $50 for the first time in more than five years.

Baillie Gifford partner Tom Slater has been promoted to co-manager of Scottish Mortgage, the UK's largest investment trust, alongside James Anderson.

The Financial Services Compensation Scheme (FSCS) is to start compensating investors in failed investment group Hartmann Capital.

Former F&C fixed income manager Peter Geikie-Cobb has joined Charles Stanley as managing director of its Matterley fund business.

Aviva Investors is set to merge Chris Murphy's UK Income & Growth fund into his UK Equity Income portfolio, subject to shareholder approval.