Funds

Nigel Wray, chairman of Saracens rugby club, has invested a "significant" amount in fund platform Nutmeg.

Investment trust analysts have called for the merger of two of Mark Barnett's trusts after it was announced the manager would take on the running of the £1.1bn Edinburgh portfolio.

Fewer than one in eight managers running both open- and closed-ended funds have outperformed in their open-ended portfolios, Investment Week analysis shows.

VCT, EIS and Seed EIS offer advisers great tax planning and investment opportunities for their clients, particularly in the run up to the end of the tax year. But how do advisers ensure they get the right scheme to meet the needs of their client?

INVESTMENT TRUSTS

Barclays Stockbrokers has revealed its clean pricing structure, introducing an AMC of 0.35% as it becomes the latest platform to undercut Hargreaves Lansdown's headline charges.

As revealed by Investment Week last Friday, Zurich is launching Zurich Horizon Investment Solutions, a new investment proposition comprising a range of risk profiled funds managed by Threadneedle Investments.

Investment Week understands insurer Zurich UK has approached a number of asset managers with plans to create a fund management business in the UK.

D2C platform Charles Stanley Direct reported a net revenue increase of just £3,000 in 2013, blaming rising industry costs, but the wealth manager saw revenues jump 18% overall as AUM hit a record £20bn.

Fundsmith founder and City financier Terry Smith is planning to launch an investment trust focusing on emerging markets.