MPS providers have been striving to remain cost-competitive in a crowded market but managers have said lower fees are not the only factor in a successful strategy.

M&G Credit Income investment trust (MGCI) is set to undertake a placing and retail offer for ordinary shares after the company underperformed its benchmark in the first half of the year.

Fund researcher and investment consultant Diane Earnshaw has joined Fund Research Centre as research and consulting director.

After several years of debate over whether AI’s potential was being overstated or whether we were witnessing the emergence of ...

UK retail sales volumes rose by 0.5% in August, recovering from a fall of 0.5% the month before, according to data from the Office for National Statistics (ONS).

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Global equity specialists Helen Jewell and Shilpee Raina are to join Janus Henderson Investors as the firm looks to bolster its global equities franchise, with Lucas Klein and Nick Schommer departing.

The JP Morgan UK Small Cap Growth & Income (JUGI) and Aberdeen UK Smaller Companies Growth (AUSC) trusts are set to merge.

Berkshire Hathaway has appointed Warren Buffett as chair emeritus, where he will remain on the board and continue to provide judgement and perspective.

Pembroke VCT has launched a new share offer to raise up to £40m, with the option to raise a further £20m through an over-allotment facility.

Hannah Evans, head of manager research at Omnis Investments, will be leaving the firm towards the end of the year, following a period of organisational change, Investment Week understands.