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First Wealth’s Anthony Villis on what makes a successful advice firm

Anthony Villis, Managing Partner at First Wealth, discusses what makes a successful advice firm.

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FCA fines Threadneedle £6m over fixed income failings

The FCA has fined Threadneedle Asset Management over £6m for failing to put in place adequate controls in its fixed income business. The regulator says the failings allowed a fund manager to initiate, execute and book a $150m trade which, had it settled, could have caused a $110m loss to the relevant client funds. Threadneedle […]

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‘Scandalous’ and ‘obscene’: Advisers react to Standard Life commission cull

Standard Life Investment’s decision to stop all trail commission payments on mutual funds is “scandalous” and “obscene”, say advisers. This morning Money Marketing revealed Standard Life Investments will cease payments to align new and legacy business “reflecting the spirit of the Retail Distribution Review”. But advisers say the move – which will see charges fall, […]

Artemis Global Income: favouring Europe over the US

With a 10 per cent return from his Global Income Fund in the first three months of 2015, Jacob de Tusch-Lec talks to journalist Alexis Xydias about the drivers and why he favours Europe and Asia over the US. Jacob believes European companies remain cheap and is still finding opportunities amid value stocks – in contrast […]

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