Industry veteran Neil Woodford has become one of the first fund managers to stop charging clients for research, paving the way for further changes around fee transparency in the asset management industry.
His company, Woodford Investment Management, will now absorb research costs on the £8.3bn Woodford Equity Income fund, rather than charging them to investors. The asset manager said the move forms part...
Up to £350bn of investible assets could be found within the energy sector over the next 30 years as investment in opportunities to decarbonise the economy by 2050 increases, Lane Clark & Peacock (LCP) finds.
As demand for investments in the private market continues to grow, there is ever-increasing interest in considering ESG factors to promote greater transparency, for better risk management, and to aim to deliver long-term value
Demands on asset managers to consider ESG issues and adopt greater transparency has prompted ShareAction to publish a leading practices report, so that investors can compare the practices of their chosen firms with leaders in the industry.
Aviva has pledged to have net-zero carbon emissions across all of its investments by 2040.
The Financial Conduct Authority (FCA) was made aware of concerns about Neil Woodford's investment strategy at his fund management business back in 2015, but did not act until nearly two years later, according to reports.