AMC

Skandia has stepped up the pressure on peers in the platform space after moving to undercut competitors on key funds including Neil Woodford's Invesco Perpetual Income and High Income funds.

BUFFETT

The inability of US funds to outperform the S&P 500 has been a long-standing concern for fund selectors, but performance figures for the term of Barack Obama's presidency paint a particularly bleak picture.

More Western asset managers look set to follow in the footsteps of Schroders and Invesco by acquiring stakes in Indian fund management companies to take advantage of a growing interest in investments.

Fund groups are preparing for a price war in the first quarter of next year as they overhaul their charging structures ahead of RDR.

Legg Mason Global Asset Management is set to add clean share classes to its fund range ahead of the retail distribution review.

The FSA has told asset managers their own profits must not come as a result of poor treatment of consumers.

Despite negative press, structured products still form part of many wealth manager portfolios. Joanna Faith looks into their appeal.

Legal & General Investments (LGI) is set to launch an index fund linked to the highest quality issues in the sterling corporate bond market at the end of the month.

Trade body's recommendations to explain charges more fully are unlikely to be adopted across the board.