Standard Life's Global Absolute Return Strategies fund has dropped out of the top ten highest inflows on Fidelity FundsNetwork, according to data from the platform.
Fidelity has appointed head of platform operations Pat Shea to run its FundsNetwork platform.
Fidelity FundsNetwork will roll out its Retail Distribution Review (RDR) ready adviser fees service on 8 October, facilitating ongoing, initial and specified fees.
Head of FundsNework David White is to leave Fidelity after ten years with the company.
FundsNetwork has announced a range of 50 exchange traded funds (ETFs) will launch on the platform for advisers next week.
FundsNetwork has fired a warning shot to fund managers, saying any "special deals" struck up with rival platforms will be revealed under the transparency principles underpinning Retail Distribution Review (RDR).
Fidelity FundsNetwork has become the first supermarket to launch an unbundled pricing model.
M&G Investments is considering launching both a 0.75% and a 1% AMC share class as it positions its fund range ahead of the Retail Distribution Review (RDR).
Barclays Stockbrokers has partnered with Fidelity FundsNetwork to launch an enhanced version of its platform.