Many years ago, a personal finance website I was working on came up with the idea of launching a magazine. I was asked who I would ideally like to write for the magazine and the first name that came to mind was Tony Hetherington.
Scottish Widows has cut bonuses by up to half after its with-profits fund fell by 17.5 per cent in 2008 due to a 54 per cent exposure to equities and property.
Moody’s has highlighted the weak profitability of Clerical Medical’s business through IFAs.
Robert Lloyd George founded his eponymous firm in 1991 based on his fundamental belief in the power of the Asia and emerging market investment story.
Focused on bottom-up stock selection, not just in equities but also corporate bonds, DNCA has a reputation as being a multi-asset manager, but is also well known for its European equity funds.
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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 […]