Over the past month losses have racked up across bond sectors after comments from the Federal Reserve signalling the end of quantitative easing spooked global markets.
Bank of England (BoE) governor Mervyn King was defeated in his final bid to inject more stimulus into the UK economy, minutes from last month's minutes show.
Raymond James has launched a bundled pricing model on its platform as part of a drive to attract smaller investors.
Some of the UK's largest fund houses are considering launching retail share classes with a 0% AMC rather than provide platforms with ‘super clean' alternatives.
Cazenove Capital's European manager Chris Rice has left the firm, ahead of Schroders' takeover of the group next month.
Richard Buxton, who is set to join Old Mutual Global Investors from Schroders next week, has argued there are too many funds in the UK market which are not generating adequate returns.
Aviva Investors has opted to pull its absolute return fund out of the Investment Management Association's (IMA) Absolute Return sector, after the category was renamed earlier this year.
Venture Capital Trusts (VCTs) and Enterprise Investment Schemes (EIS) have been granted an exemption from the FCA's ban on sales of unregulated collective investment schemes (UCIS) to retail investors.
M&G's director of UK advisory has predicted it could take up to two years to properly gauge demand for restricted propositions among the adviser community.
Former Investment Management Association (IMA) chief Richard Saunders has joined Investec Asset Management's board as a non-executive director.