City Financial has launched its own fund research service - The Adviser Centre - to help financial advisers select funds for portfolios.
The Iveagh name is to vanish from the investment world in the near future after the group agreed a deal with City Financial which will see the latter buy its fund range this year.
City Financial is to acquire Guinness family office Iveagh's funds arm in a deal that will see Chris Wyllie move to the boutique fund house, Investment Week can reveal.
City Financial's multi-asset fund manager Tony Yousefian has left the firm after less than a year, Investment Week understands.
City Financial is to merge its £31m OPM Fixed Interest fund - run by Tony Yousefian - into the City Financial Diversified Fixed Interest fund as it moves to streamline its fund range.
S&P Capital IQ Fund Research has prepared users for the possibility the business will be wound up at the end of Q1, presenting an opportunity for others in the space.