With volatility set to continue, Peter Saacke, manager of the Artemis Global Growth Fund, thinks stock-specific opportunities are on the rise.
Old Mutual-owned advice network Intrinsic has entered into early talks to buy Tenet, Money Marketing understands. Although a formal offer has yet to be tabled, well-placed sources say negotiations are underway. One source says: “It’s all being done very informally at the moment, not least because Tenet is not officially up for sale, and Intrinsic […]
Fears are rising that the FCA has been left “rudderless” by a protracted search for new leadership as the regulator runs out of time to finalise its 2016/17 plans. Chancellor George Osborne revealed last week, six months after he announced Martin Wheatley’s contract would not be renewed, that acting chief executive Tracey McDermott would not seek […]
Asset managers need to do more to increase access to payout information on income funds, experts argue, despite work by the Investment Association to push fund groups to be more transparent. The IA, working with the FCA, launched a new Statement of Recommended Practice for accounts for the period ending 31 December 2015. The SORP […]
BlackRock has reshuffled the leadership across its investment business, pulling all of its active equity strategies into one team and bolstering its multi-asset capability. The fund management group has announced that from 1 February, Rich Kushel, chief product officer and head of strategic product management, will take on the role of head of multi-asset strategies […]
Amid significant macro headwinds in August, Mark Page explains why his fund’s focus on stock selection has helped it outperform a falling market in August. BESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswy
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Sales skills in themselves are not a bad thing. It comes down to whether they are truly being used for the benefit of the client, not the adviser.
The merged company owns three platforms: Parmenion, Standard Life Wrap and Elevate, but is promising to keep ring-fencing.
A recent court case emphasises the importance of robust terms of business, clearly stating the scope of agreement with a client