Raymond James has launched a bundled pricing model on its platform as part of a drive to attract smaller investors.
Bank of England (BoE) governor Mervyn King was defeated in his final bid to inject more stimulus into the UK economy, minutes from last month's minutes show.
With the news the industry's best known fund manager, Neil Woodford, is moving on from Invesco Perpetual, there is a lot of pressure on his successor Mark Barnett.
The board of the Fidelity China Special Situations trust has moved to keep its discount under control after the announcement of manager Anthony Bolton's retirement.
Fidelity's Anthony Bolton is set to retire next year, bringing to an end his 30-year career in fund management.
Some of the UK's largest fund houses are considering launching retail share classes with a 0% AMC rather than provide platforms with ‘super clean' alternatives.
Stephen Hester, the outgoing chief executive of Royal Bank of Scotland (RBS), has warned the bank will not become privatised overnight, and a potential sale could be a decade away.
Cazenove Capital's European manager Chris Rice has left the firm, ahead of Schroders' takeover of the group next month.
Sharp share price falls from a number of financials have sent the FTSE 100 lower today, with the index approaching a four-month low.
Richard Buxton, who is set to join Old Mutual Global Investors from Schroders next week, has argued there are too many funds in the UK market which are not generating adequate returns.