Industry

Nine companies have been named Adviser Firm of the Year in their respective regions at the Professional Adviser Awards 2014.

Shares in Twitter have fallen 20% in pre-market trading after it reported a net loss of $645m (£396m) for 2013, just three months after flotation.

Alliance Trust Savings (ATS) has signed an agreement with technology firm GBST to provide administration for the wrap.

BNY Mellon Investment Management has scrapped the initial charge on all investments for both lump sum and regular savings plans across its onshore fund range.

Investec's top performing UK Smaller Companies manager Philip Rodrigs is to leave the company, Investment Week can reveal.

Scott Goodsir, head of UK wholesale at BNY Mellon, is leaving his role after 15 years at the company to become head of UK distribution at Skandia.

F&C Investments' head of UK retail John Yule is to exit the business next month.

The Treasury has spent more than £2.6m administering the Equitable Life payments scheme (ELPS) in the three months to November, government figures have shown.

The editorial team at Investment Week would like to thank all our readers for their continued support in 2013.

A year hyped as the start of a great rotation from bonds into equities actually saw more of a trickle out of fixed income, but it was not plain sailing for bond funds.