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Bank of Japan makes shock monetary stimulus boost

31 October 2014 9:29 am | By Sam Macdonald

The Bank of Japan has made the shock decision to boost the bank’s monetary easing programme


RBS sets aside £400m for forex probe

31 October 2014 8:41 am | By Sam Brodbeck

Group profits rise 26 per cent during the quarter.


Schroder UK Growth trust appoints Julie Dean's successor

30 October 2014 3:21 pm | By Sam Macdonald

Philip Matthews has managed the £1.5bn Schroder UK Alpha Plus fund since Richard Buxton’s departure for Old Mutual in October 2013.


British Assets Trust seeks to replace F&C with BlackRock

30 October 2014 10:43 am | By Adam Lewis

The board of the British Assets Trust (BAT) is seeking shareholder approval to replace F&C with BlackRock as manager of the £485m mandate.


L&G cuts tracker costs as price war rages

30 October 2014 10:20 am | By Michael Berry

Legal & General is slashing the cost of 16 trackers, taking it neck and neck with Fidelity for some funds. 


Barclays sets aside £500m for forex investigation

30 October 2014 10:05 am | By Sam Brodbeck

Extra £170m held against future PPI compensation.


Isa boom pushes SJP to record funds under management

30 October 2014 9:10 am | By Sam Brodbeck

Funds under management at St James’s Place Wealth Management hit a record high at £49.1bn in Q3.

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Nucleus appoints CFO from Adam & Co

30 October 2014 9:07 am | By Sam Macdonald

Doug Heron takes up the role of CFO in January and will be responsible for overseeing finance, risk and compliance at the platform provider.


SFO confirms criminal probe into Tesco

29 October 2014 1:45 pm | By Michael Berry

The SFO has launched a criminal investigation into the accounting irregularities at Tesco that battered its latest half-year profits.


Thesis launches direct equity-exposed portfolio range

29 October 2014 12:24 pm | By Sam Macdonald

Thesis Asset Management has launched a range of model portfolios offering exposure to both funds and direct securities.


Aviva adds EM and Asia fund manager

29 October 2014 11:49 am | By Michael Berry

Aviva Investors has added fund manager Xiaoyu Liu to its emerging markets and Asia Pacific equities teams.


Schroders global specialist Giles Money quits

29 October 2014 10:19 am | By Sam Macdonald

Money was in charge of the Global Climate Change strategy and the Schroders Global Resources funds and has been with the firm since August 2010.


Standard Life boosted by Ignis acquisition but annuity sales hammered

29 October 2014 9:36 am | By Sam Brodbeck

Assets under management and fee revenue pushed higher by purchase of asset manager.

Dean Julie Cazenove

Julie Dean to join Sanditon Asset Management

29 October 2014 9:36 am | By Sam Macdonald

Ex-Schroders UK Opportunities fund manager Julie Dean is joining former Cazenove colleagues Tim Russell and Chris Rice at Sanditon Asset Management


Alliance Trust axes five equities jobs as it seeks £2m savings

29 October 2014 8:43 am | By Sam Macdonald

Alliance Trust Investments increased assets under management by 3 per cent to £2.26bn in the third quarter of 2014 up from £2.2bn in the second quarter.


FCA to restrict sales of CoCos and mutual shares

29 October 2014 8:35 am | By Tom Selby

Regulator plans to restrict the distribution of Cocos and mutual shares to sophisticated or high net worth investors.

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Threadneedle to reduce charges on Managed funds

28 October 2014 4:23 pm | By Beth Brearley

Threadneedle Investments is reducing the fees on its Managed funds range and adding a new share class for investors using a platform.


Fidelity Worldwide Investment replaces marketing boss in restructuring

28 October 2014 4:10 pm | By Michael Berry

Fidelity Worldwide Investment UK marketing head Rob Fisher has left the firm after almost 14 years’ service.


Guinness unveils Irish Global Innovators fund

28 October 2014 10:59 am | By Michael Berry

Guinness Asset Management has launched a Ucits version of its top-performing Global Innovators strategy.


Walker Crips hires investment manager

28 October 2014 10:17 am | By Sam Macdonald

Wealth manager Walker Crips has appointed Ian Amiee as investment manager.


Largest outflow ever as UK All Companies sector bleeds £852m

28 October 2014 10:12 am | By Michael Berry

UK All Companies funds shed £852m last month – the largest out flow ever, according to IMA sales figures.


Cru founder Jon Maguire to launch UK residential property fund

28 October 2014 8:55 am | By Sam Macdonald

Cru founder Jon Maguire is to launch a residential property fund through his new venture, Swayagain.

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Psigma appoints investment director

28 October 2014 8:25 am | By Sam Macdonald

Toby Jameson-Till joins from C. Hoare & Co.


Lombard Odier unveils long-short absolute return strategy

28 October 2014 8:17 am | By Michael Berry

Lombard Odier Investment Managers has launched a long-short absolute return fund aiming to grind out returns in today’s uncertain markets. 


Investor Forum launches to drive change in UK corporates

27 October 2014 4:28 pm | By Michael Berry

The Investor Forum – a lobbyist for “long-termism” in investment markets – unveiled its board and structure today, two years after it was recommended in the influential Kay Review.

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Ex-PosSol adviser ordered to repay £55k

27 October 2014 12:31 pm | By Devraj Ray

Angela Lauder was jailed for 16 months in November 2013 after she stole £158,666 from clients.

Comments (1)


Cru founder Jon Maguire launches new firm with ex-A2O chief

27 October 2014 9:53 am | By Sam Macdonald

Swayagain is promoted as a firm which provides services such as raising capital, business development and marketing.

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ETF Securities launch to track the rise of robotics

27 October 2014 8:35 am | By Michael Berry

ETF Securities has launched a fund tracking the global robotics industry as it continues to add niche products to its line up.

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Fund groups evading FCA dealing commission/corporate access rules

27 October 2014 8:31 am | By Sam Macdonald

FCA rules which came into force in June have banned the use of dealing commission money to gain face time with company management.

Kellard Mike Axa Wealth 2014

Axa Wealth assets hit £27bn as platform AUA jumps 28%

24 October 2014 8:47 am | By Michael Berry

Axa Wealth grew its assets under management by 10 per cent to £27bn in the year to 30 September.

Risk profiling cover.jpg

How do advisers sort the good risk-profiling tools from the bad?

24 October 2014 8:30 am | By Tessa Norman

Advisers must understand the limitations of risk-profiling tools to avoid compliance risks.

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S&P: eurozone crisis set to continue

23 October 2014 1:44 pm | By Sam Macdonald

The eurozone crisis will continue for some time despite the worst being over, according to the latest report from Standard & Poor’s.


Old Mutual Property fund to merge into Henderson UK Property

23 October 2014 10:38 am | By Sam Macdonald

Old Mutual is looking to merge its £437m Old Mutual Property fund into the £2.25bn Henderson UK Property fund.


Tesco chairman to exit as profits sink 92%

23 October 2014 8:44 am | By Michael Berry

Tesco’s half-year profits have plummeted 92 per cent while its accounting black hole grew to £263m.


Premier hires ex-Barclays Wealth director and opens South West office

22 October 2014 12:20 pm | By Sam Macdonald

Premier has hired ex-Barclays Wealth director Paul Freeman and his former team of six wealth managers to launch a South West office.


Police investigate advice firm over investment fraud

22 October 2014 8:48 am | By Devraj Ray

Aberdeen-based Midas Financial Solutions is being investigated for offering unregulated short-term investments.

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JPM's Berens: Most fund groups not ready for pensions reforms

21 October 2014 4:11 pm | By Beth Brearley

JPMorgan Asset Management’s Jasper Berens says the industry is not currently well positioned to deal with the implications of the pension reform.


FinaMetrica launches stripped down risk test for smaller investors

21 October 2014 2:27 pm | By Michael Berry

FinaMetrica has launched a risk-profiling system aimed at helping advisers cater for smaller investors.

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AIC: Investment trusts outstrip inflation and double capital over 20 years

21 October 2014 10:33 am | By Michael Berry

A £100,000 investment into an average UK Equity Income investment trust 20 years ago would have more than doubled in value.


Brooks Macdonald builds discretionary AUM to £6.68bn

21 October 2014 8:45 am | By Michael Berry

Brooks Macdonald’s discretionary assets under management grew by almost 2 per cent in the three months ended 30 September to £6.68bn.

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