Boutique asset manager City Financial is targeting two multi-manager firms as it looks to expand its business through further acquisitions.
The Financial Conduct Authority's head of asset management has given his stamp of approval to the current round of negotiations between asset managers and platforms, saying it is a good sign for industry pricing.
A widely-predicted spate of fund mergers and consolidations has failed to materialise this year, with the number of funds being merged or closed dropping substantially.
Investors should not mistake 'preferentially-priced' share classes for the true cost of buying a fund, according to Threadneedle chief executive Campbell Fleming.
Changes introduced as a result of the Retail Distribution Review (RDR) are likely to lower retail advisers' share of the investment market, but they do not represent the "death knell" for the sector, according to an investment group.
Hargreaves Lansdown is in position to be a £39bn beneficiary of the Retail Distribution Review (RDR), according to Barclays.