UK property fund managers are being forced to hold above-average levels of cash as money continues to flood into the IMA Property sector.
Standard Life Investments has hired former Ignis manager Jonathan Fearon to manage its European Equity Growth fund.
Platforms are stepping up their white-label investment offerings to advisory firms as an increasing number of orphaned clients presents a challenge ahead of the 2016 legacy commission ban.
Marlborough's Richard Hallett has pointed to retailers ASOS and Tesco, two of the worst performing UK-listed stocks this year, as potential turnaround stories.
The operators of twenty-eight of the UK's largest investment platforms are forming the UK Platform Group in a bid to more fully represent the industry.
Standard Life Investments has reported a £1bn net outflow from its fixed income products over the nine months to September, with the subsequent departure of the Ignis rates team adding to outflows.
Other large caps may follow Tesco in cutting dividends