Managed

How Tower Hill Associates manages £55m of clients' money

Old Mutual Global Investors fund manager Richard Buxton has backed Neil Woodford's criticisms of a government decision to cut the tax exemption for renewable energy companies, warning it could render the utilities sector "uninvestable".

Hargreaves Lansdown has launched six "ready-made" portfolios for non-advised investors, offering access to its £5bn multi-manager range for an ongoing fee below 2%.

Multi-asset survivors: The six funds still loved after a decade

Wealth manager and platform Hargreaves Lansdown has raised £94m for the latest addition to its multi-manager range, an Asia and emerging markets fund.

Five questions to ask hopeful DFM partners

JP Morgan's multi-management team has moved money out of equities as it turns from bullish to neutral on risk assets for the first time.

Ian Aylward has cut Aviva Investors' multi-manager exposure to US equities to an underweight position for the first time since 2011, fearing the stocks are deeply over valued.

Advisers are not asking the right questions when doing due diligence on discretionary fund managers (DFM), one such firm has said, in response to criticism it is "impossible" to compare their costs and services.

Assets in Hargreaves Lansdown's multi-manager range have moved closer to the £5bn mark after the company raised £162m for its HL Multi-Manager UK Growth fund, which launched on 23 January.