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Openwork renews deal with Newcastle Financial Advisers

Openwork has renewed a tie-up with Newcastle Financial Advisers for a further five years. Openwork, then called Zurich Advice Network, joined with Newcastle Financial Advisers, a subsidiary of Newcastle Building Society, in 2003. It then extended the contract in 2013. Newcastle Financial Advisers currently has 26 advisers. According to Openwork, it has been the network’s largest investment […]

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Transact chief bullish as assets tick up

Transact saw funds under direction marginally increase to £29.8bn in the second quarter of 2018, according to a stock exchange announcement from parent IntegraFin Holdings. IntegraFin listed on the London Stock Exchange in March with a £650m valuation. In a Q2 update today, the company says funds under direction at the close of the three-month […]

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Manager exodus continues at Standard Life Aberdeen

Another fund manager has left Standard Life Aberdeen to join a rival firm as the fund giant continues its restructuring post-merger. Imran Ahmad, an investment director and portfolio manager of the Emerging Market Debt Unconstrained fund, will join the multi-asset team at Investec Asset Management. Ahmad was in the emerging market debt specialists team at Standard […]

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Responsibility Matters

Read the latest issue Responsibility Matters, our quarterly newsletter update from our responsible investing team. This issue includes a focus on sustainable development goals, the effectiveness of some long-term incentive plans and how green bonds are still the tip of the iceberg. Read the article here Past performance is not a guide to future performance. […]

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