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FTSE rises but Tesco falls as 'big four' lose market share

UK's biggest retailer falls towards bottom of FTSE 100 as latest data shows 'big four' supermarkets continuing to lose market share to discounters.

Small-cap veterans Marriage and Warren launch new fund

Former Schroders pair Paul Marriage and John Warren are launching a smaller companies fund at their fledgling boutique.

Wealth boutique Dolfin hires Hassium CIO

Simon Black will be responsible for bespoke portfolio design as part of the firm’s ‘one-stop-shop’ service to private clients and financial advisers.

Tech and iShares help BlackRock overcome active fund decline

BlackRock’s strong inflows into passives, multi-asset and illiquid alternatives, have helped it counter the outflows seen in its active equity funds.

AXA IM gives 32-year-old Financial fund a fintech makeover

Axa Investment Managers is broadening the theme of its Framlington Financial fund to include businesses developing technology for financial services.

How six wealth firms incentivise their staff

We asked six managers what they think about Labour's share distribution plans.

FCA to hike FOS compensation limit to £350k

The award limit for complaints submitted to the Financial Ombudsman Service (FOS) will increase from £150,000 to £350,000, the Financial Conduct Authority (FCA) has announced.

Crux appoints ex-Lehman Brothers deputy as chairman

Crux Asset Management has appointed former Lehman Brothers deputy chair Lord Howard of Penrith as chairman.

Emerging markets boutique names new European CEO

Fiera Capital has appointed Kanesh Lakhani as chief executive officer of its European division.

Charles Stanley and LGT Vestra join ESG movement

The two wealth managers join the likes of Brooks Macdonald and Canaccord Genuity in launching specialist portfolios.

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