Companies

SLA to continue managing one-third of assets

Breaching SEC rules

The Woodford Income Focus fund (WIFF) lost a third of its assets in the month of June alone, as investors continued to flee from funds managed by Neil Woodford, according to data provider Morningstar.

Square Mile’s series of informal interviews

Cannot transfer between share classes

Subject to regulatory approval

Customers can switch from Hargreaves Lansdown

Employs 45 across the business

FCA mulls own PRIIPs guidance

Could damage active management industry