Fidelity reverses decision to bill clients for research
Wealth managers welcomed the move as Fidelity said it will absorb research costs after 'extensive' client discussions.
Axa IM's earnings rise, despite 85% slump in inflows
Axa Investment Management (IM) saw a fall in net inflows from €56.4 billion (£50 billion) in 2016 to €7.9 billion in 2017, due to fall in JV inflows.
Arbuthnot announces plans for hiring spree
The firm is planning to hire a number of additional teams as it looks to launch new businesses throughout this year.
Barclays reinstates dividend despite £1.9bn loss
A 10% increase in 2017 core profit to £3.5 billion has failed to drag Barclays back into the black
Rathbones pledges full strategy review as it nears £40bn goal
Rathbones has pledged a major strategy review as its assets close in on a long-term target of £40 billion earlier than originally intended.
MPs to hold bitcoin enquiry
The UK parliament’s Treasury Committee has announced that it will launch an inquiry into digital currencies and blockchain technology.
Profile: Philbin on the opportunity explosion in fund selection
The veteran fund selector expains how his role resembles football management
The Expert View: FirstGroup, Lloyds and Just Eat
Our daily roundup of analyst commentary on shares, also including Barratt Developments and Bunzl.
Thursday Papers: Lloyds outlines ambitious targets as profits miss forecasts
And UK explores blocking GKN takeover on national security grounds as defence secretary raises concerns over hostile £7 billion Melrose bid.
Overnight Markets: US stocks decline after Fed minutes
All three benchmarks gave up early gains in a steep reversal in the afternoon, an hour after the FOMC minutes were released.
How firms ensure fund managers don’t break rules
The departure of star manager Philip Rodrigs from River & Mercantile due to ‘conduct issues’ last week came as a shock.
Danger! The products that worry wealth managers
With market volatility back, wealth managers discuss the investment products that concern them most.
Is Mifid II the final nail in the wealth advisory coffin?
With the discretionary march relentless over the last five years, Danielle Levy asks what new European rules could mean for advisory arms.