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Boutique asset manager wins back £200 million flows after managers exit

Boutique asset manager Miton Group has recouped the nearly £200m lost from its equity funds seen 2016, when it lost two star fund managers to a rival. For 2017, the group saw £494m net inflows, up from just £1m inflows seen in 2016. Equity funds in particular saw inflows of £361m, while multi-asset strategies gathered […]

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FSCS opens claims against 15 more firms

The Financial Services Compensation Scheme declared 15 companies in default during November and December 2017, including a Welsh advice firm that had its permissions cancelled in 2016. Park Grove Financial Management’s permissions were cancelled in June 2016 after it failed to pay more than £5,000 in fees and levies to the regulator. Another Welsh firm declared […]

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FCA warns of fraudulent UBS clone

The FCA has warned consumers about a clone firm of UBS, which has been operating under the name of “UBS Private Wealth Management”. According to the FCA, fraudsters are using or giving out the details under the name of the Swiss bank with a false email and phone number. The FCA warns that scammers may give […]

Risk-free path to pensions is a myth

Robin Geffen, Fund Manager and CEO Are you taking enough risk? Robin Geffen, Founder of Neptune and Manager of the top performing Global Alpha Fund, discusses the importance of accepting enough volatility in planning for retirement. Click here to read the full article Important information Investment risks The value of an investment and any income from […]

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