Congratulations to Informed Choice managing director Nick Bamford, who graduated with a 2.1 BA Hons degree in financial services last week. He promises to send the MM diary a photo of him decked out in Harry Potter-style robes at the graduation ceremony.
Standard Life has defended claims that it is paying up to 5 per cent commission on internal transfers from its personal pension to its Sipp as a means to grow its Sipp business, saying it is merely offering the same rate it would on outside business coming into its Sipp.
It seems that Jupiter is going from strength to strength and adding talent faster than Chelsea Football Club. Richard Curling has come in from Deutsche to run the smaller companies fund and Simon Somerville came from Cazenove to run the new Japan income fund which, despite a torrid year for Japan, is at least up […]
Mercer Global Investments, the multi-manager arm of investment and pension consultant Mercer Human Resource Consulting, is making its proposition available to the UK retail market. The Mercer group is a major player in multi-manager investment for institutional pension funds but MGI is keen to make inroads into the retail market. It says it is in […]
Misys has appointed Mike Lawrie as group chief executive following the resignation of Kevin Lomax earlier this month, effective from November 1.Lawrie was previously a general partner with San Francisco-based private investment firm ValueAct Capital. Prior to this he was chief executive of Siebel Systems, the international software and solutions company, from 2004 to 2005.He […]
Royal London Asset Management Bond Fund Managers Paola Binns and Craig Inches look at why short duration could be a key tactic for fixed income investors during 2017. Read the full article here The value of investments and the income from them is not guaranteed and may go down as well as up and investors […]
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Workplace savings and pensions business Punter Southall Aspire is to acquire Oxford-based IFA Focus Oxford as it outlines its ambition to set up a national advice service. The acquisition is part of the firm’s plan to integrate its retail advisory arm and corporate business. Focus Oxford has £200m of assets under management and the deal […]
Several independent boards of Baillie Gifford’s investment trust clients have written to the FCA about concerns with new Priips key information document rules. Baillie Gifford’s concerns relate to disclosure rules for the documents. It says these are based on past performance and could lead to investors being misled. Baillie Gifford compliance and legal partner Graham Laybourn […]
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