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Trade body pulls ‘Loch Ness’ statement after campaigner pressure

The Investment Association has taken down the press release that likened funds’ hidden charges to the ‘Loch Ness Monster’ of the investment sector after mounting pressure from transparency campaigners. This month, following the implementation of Mifid II, research exposed some fund managers’ costs increase at least two times beyond the ongoing charges figure. Industry experts […]

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SEI Wealth Platform sees £9bn boost to AUM

SEI Wealth Platform has seen assets under management grow by £9.3bn over the past year, but is targeting further growth in the year ahead. The platform, which provides outsourced investment services for private banks and wealth managers, says total assets under management have grown by 33 per cent, thanks to a combination of increased net […]

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Lee Robertson: The futility of punditry

It is that time of year again when the pundits clamour to deliver their predictions and the anti-pundits line up to proclaim their disdain for such utterances. So I will seize the opportunity to add to the largely pointless noise with some forecasts for our sector. My first prediction is that markets will continue to move […]

Life begins at…

By Fiona Holmes, proposition communications manager Having reached a certain age (it’s the new 40 by the way), I’m having to come to terms with the fact that my peers and I aren’t as immune from illness or death as we’d like to think. That’s the problem with 30 being the new 20 and 40 […]

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