Britannic Asset Management has appointed Gavin Stewart as chief operating officer. He will take up the role in January and will be responsible for finance, legal, IT, corporate development, investment trusts and product development. Stewart was formerly group development director at Aegon and marketing director at Scottish Amicable.
Private client manager Raymond James Investment Services is launching an online Sipp administration service for IFAs and stockbrokers. Parent Raymond James runs £54bn of assets in wrap accounts in the US. The RJIS desktop tool offers manager of manager programmes, bespoke analysis and trading of third party funds and asset allocation. .
One popular definition of what constitutes a news story is the unusual man bites dog in contrast to the more pedestrian dog bites man. The latter is not a story – some financial prs take note.But what happens say when the dog in question bites two journalists with an alleged 30 years experience between them […]
My biggest concern about depolarisation, and the one about which nobody seems to be talking, is that of misrepresentation of status.I still do not understand the basis on which the FSA can argue that blurring the line of demarcation between tied agents and IFAs will be beneficial for consumers.It seems blatantly obvious that multi-tied agents […]
Those who want to make a difference to pension policy should seize this moment.The predicted failure of next week's Green Paper is your chance to make sure that meaningful change comes about by the time of the next Green Paper in, say, 2006.If the consensus of opinion is to be believed, next week's document will […]
Richard Hulf explains how he and John Dodd have positioned the Artemis Global Energy Fund and where they are finding opportunities. Richard explains how he and John are changing the complexion of the fund to focus on the most efficient oil producers. As he tells journalist Alexis Xydias, in this environment of lower prices, he […]
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It is encouraging to see the FCA close in on lazy fund management, but more needs to be done Without fanfare, the FCA has confirmed its intention to punish lazy fund management. Several groups have been persuaded into voluntarily compensating investors who bought their beta-posing-as-alpha products, otherwise known as closet trackers. The regulator suggests that […]
Ex-GBST man and FinoComp chief executive Ray Tubman on the need for a brave new world of interoperability Platforms running on proprietary technology often see this as a competitive advantage, even if it is expensive to run. But ex-GBST man and now FinoComp chief executive Ray Tubman does not believe outsourcing is the poor relation. […]
Ahead of speaking at Money Marketing Interactive in May, founder and director of The Yardstick Agency Phil Bray gives tips on how advisers can improve their public image and why the FCA should rethink their plans for the register On a scale of 1 to 10, how optimistic are you about the advice market for […]