Fundsdirect chief executive officer Sean Ewing is understood to be leaving the company. Company founder Ewing is thought to have tended his resignation in August but will be leaving the group in the next few days.
Institute of Financial Planning vice president Ian Shipway is replacing Campbell Edgar as president of the IFP while Jane Wheeler is to be the IFP's new vice president. John Porteous and Barry Horner are joining the IFP's board.
Prime Minister Tony Blair disappointed pension experts by shying away from a significant announcement on third-term pension policy this week. Blair's Opportunity Society speech in London on Monday – the day before Adair Turner's pension report – had been billed as a significant pointer to Labour pension policy going into the next general election. But […]
Kleinwort Benson Private Bank is setting up a range of onshore funds tracking major hedge fund indices in association with boutique Bespoke Financial Consulting. The products, including the FTSE broad hedge fund and S&P broad hedge fund index-tracking portfolios, will be launched by Bespoke, with Kleinwort acting as investment manager. They will be in an […]
Millfield has sold 20 per cent of its stake in Lifetime despite earlier pledges from chief executive Paul Tebbutt that it would “not consider selling a chunk” of the operation. The IFA group, which is repaying loans of £15m from product providers for its merger with Inter-Alliance, has received £824,400 from Norwich Union for 20.1 […]
By Rob Burnett, Neptune’s Head of European Equities The Neptune European Opportunities Fund remains committed to a value bias. We see a broadening array of opportunities in diversified industries at compelling valuations today. The most complicated part of the market is the European banks. We are currently overweight in this sub-sector as many banks are […]
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
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 […]