Lloyds is set to choose a buyer for its Insight Investments operations within weeks, having reportedly received five binding offers from firms including Schroders and Gartmore owners Hellman & Friedman.
Twelve leading fund groups are working together to support the launch of a multi-manager fund which allows investors to donate a proportion of the annual management charge to The Prince's Trust.
Old Broad Street Research has given new ratings to 14 funds, including 13 As and one AA.
BNY Mellon Asset Management has launched its Universal Euro Sovereign fund to UK retail investors. ...
Banking giant Barclays this morning confirmed it is in talks with US manager BlackRock over the sale of its Global Investors arm.
Stuart Cowley is to assume his position as head of fixed interest and macro at Old Mutual Asset Managers from 1 June.
Artemis' Strategic Assets fund looks set to be one of the most successful launches this year, expected to raise as much as £40m in its initial offer period.
Royal Skandia, Zurich International Life, Fairbairn Private Bank, BNY Mellon, Axa Isle of Man, Aegon Scottish Equitable International and Prudential International were among the groups that achieved winning and highly commended awards in the International...
UK net fund flows have reached their highest quarterly level for three years, according to Lipper's quarterly fund sales report.
Balanced pooled funds have posted their fifth quarter of negative returns, according to BNY Mellon.