Royal London

Investment Week celebrated the 20th anniversary of its flagship Fund Manager of the Year Awards at a glittering ceremony at the Royal Albert Hall last night.

The proportion of UK retail funds managed by women has stagnated over the past year, according a study by Tilney Bestinvest.

Tactical trades and taper tantrum fears

Morningstar has unveiled the winners of its annual 2015 UK Fund Awards, with First State and AXA IM among the groups winning accolades.

Royal London Asset Management (RLAM) has reported net external business inflows of £2bn in 2014, driven by sales of Martin Cholwill's UK Equity Income fund.

Ascentric has introduced an inclusive platform charge as it moves to give advisers more charging options for their clients.

A trio of AXA managers have joined Royal London Asset Management (RLAM) as the group brings in-house a £1.6bn property portfolio it has acquired since taking over the Co-operative Asset Management.

Ascentric managing director Hugo Thorman is to leave the firm this summer following Royal London's buyout of the platform's minority shareholding in the business.

Royal London chief executive Phil Loney has said the group is currently preparing its wrap platform Ascentric to be "four or five times the size it is today" over the coming years, following a tougher 2014.

Royal London has reported a 45% slump in pre-tax profit in H1, pointing to regulatory charges as a key contributor, while its wrap platform Ascentric saw new business slide 20%.