Credit Suisse has appointed Tim Sweeting as head of institutional distribution for absolute return strategies for asset management in Europe.
Life industry analyst Ned Cazalet says Friends Provident could be seeking a door into the wrap market by buying Sesame. By Nicola York.
Work and Pensions Secretary John Hutton says that appointing a board of trustees to run personal accounts will be absolutely critical if the scheme is to be a success.
Credit Suisse has appointed Tim Sweeting as head of institutional distribution for absolute return strategies, EMEA for the asset management business.
Paternoster says the cost of buying-out pension liabilities for UK companies has reduced significantly over the past 18 months. The insurer which takes responsibility for the risks associated with companies’ final salary/defined benefit pension schemes announced the findings of pricing analysis which revealed that the cost of buying-out pension liabilities has reduced dramatically. Key findings […]
Kunal Desai, manager of the Neptune India Fund, comments on the implications of the BJP’s historic election win in India’s most populous state, Uttar Pradesh. Read the full article here Important Information – for investment professionals only. Not for retail clients. Investment risks The Neptune India Fund may have a high volatility rating and past […]
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]