Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
HM Revenue & Customs is to launch a multi-million pound battle in the Supreme Court with a group of film scheme investors. A hearing will open on Wednesday over a £503m deal between an investment group and Walt Disney Pictures. Members of Eclipse 35 paid the sum to acquire the distribution rights on two Disney […]
Standard Life has reportedly made a formal bid to acquire Axa’s Elevate platform. According to Bloomberg, Standard Life is in talks for the business unit as the French insurer seeks to sell off its UK life insurance and wealth investment units. Axa will reportedly seek to sell of chunks of the business separately, and is […]
Three quarters of advisers say it is possible to provide an independent advice service and be profitable, according to a Money Marketing poll. The survey of 256 advisers found 72 per cent backed the sustainability of IFAs despite recent deals that have seen large independent firms become restricted. However, a quarter (28 per cent) said […]
Capital Market Notes, December 2016 Dave Lafferty, chief market strategist at Natixis Global Asset Management, assesses the accuracy of his 2016 outlook and provides his thoughts and outlook for 2017. Click here to read the full article
Responding to concerns over the suspended Woodford fund, the FCA has said it first contacted the fund’s legal owner about risks in February 2018, and is now investigating events that led to the suspension. In a letter to Treasury Select Committee chair Nicky Morgan, the FCA’s chief executive Andrew Bailey said the regulator was first […]
As more people mix pension income with earned income, phased drawdown is growing in importance There is no doubt the nature of retirement is changing. People are increasingly considering different ways to transition to it from full-time work, with many choosing part-time work or a consultancy career. This is being driven by several factors: the […]
London’s access to wealthy clients and location can mean setting up a firm comes at a cost The capital city may not really be paved with gold, but it has more than its fair share of wealthy clients for advisers to service. Known as a place where people’s careers and businesses can thrive on the […]