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Best Practice | 5 Mar 18

Asset managers pay £34m compensation for closet trackers

The Financial Conduct Authority (FCA) has ordered asset managers to pay investors £34m (€38m, $46.9m) in compensation after overcharging for “closet tracker” funds, in a move described as “hugely positive” for investors.

Schroders net inflows increase nine-fold

Companies | 1 Mar 18

Schroders net inflows increase nine-fold

Schroders revealed a strong full-year report on Thursday, with net inflows at almost £10bn, compared to £1.1bn in 2016.

Pensioners risk turning their retirement stream into a flood

Investment | 23 Feb 18

Standard Life Aberdeen reports £31bn outflows

Standard Life Aberdeen (SLA) has reported outflows of £31bn (€35.2bn $43.3bn) in its first annual results as a combined entity following the £11bn merger between Standard Life and Aberdeen Asset Management last year.

Fidelity makes U-turn on research costs

Companies | 23 Feb 18

Fidelity makes U-turn on research costs

Fidelity International has reversed its stance on research costs and is joining many asset managers in absorbing the fees of external research, instead of passing it on to clients.

Franklin Templeton launches EM local currency bond fund

Investment | 20 Feb 18

Franklin Templeton launches EM local currency bond fund

Franklin Templeton Investments has launched a Templeton Emerging Markets (EM) Local Currency Bond fund.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.