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Ex-Coutts chief executive to be John Scott chairman

Former Coutts & Co chief executive Andrew Fisher has been appointed chairman of John Scott & Partners,Fisher, who is credited with turning round the fortunes of Coutts from a loss-making operation to a profitable business, joins the wealth management firm to lead further growth of John Scott.

He is a non-executive director of the Benfield Group and chief executive of Cox Insurance Holdings, and has also held the posts of chief executive of CPP Group, managing director of Rangely Company, and sales and marketing director of Standard Chartered Bank.

John Scott offers a discretionary investment management service for private clients and pension funds, and has about 500m of client money under management.

It recently acquired high-net worth advisory firms Holden Meehan and Aitchison & Colegrave.

John Scott chief executive Toby Strauss says: “We are delighted that Andrew will join us as chairman. His experience in private banking and asset management will be invaluable as we grow the business.”


Online platform for Lighthouse

Lighthouse is setting up an online platform, Lighthouse Xpress, developed over the last year with Quay Software. Lighthouse says it will enable advisers to communicate electronically with providers and will allow it to check compliance.

AIFA’s view – Paul Smee

This is my last attempt at a column. There is much which I will miss about the IFA sector and it has been a privilege to represent (most of) the IFA community for five years.

Allianz Technology Trust – April 2017

Welcome to the latest update for Allianz Technology Trust PLC from the Trust’s portfolio manager, Walter Price. Portfolio review The Trust’s NAV returned 4.3% , outperforming the Dow Jones World Technology Index return of 2.8%. In US dollar terms, the portfolio gained 4.8%. During the month, stock selection contributed to relative performance, and industry allocation […]


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