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UK fund groups see AUM drop as global firms break $80trn

The total assets under management of the world’s largest 500 managers increased by 5.8 per cent to $81.2trn in 2016, although UK firms saw AUM drop for the second consecutive year, falling by 4.5 per cent to $6.3trn. The Willis Towers Global 500 research shows that AUM by North American managers rose 7.7 per cent […]

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Platform challenger reveals charges

Embark Group has revealed the charges for its new platform and targeting savers with between £25,000 and £150,000 on launch. Embark officially announced the launch of the wrap platform, which uses FNZ technology, today. As Money Marketing reported in September, it has been live for some time with white label partners and Embark’s existing book […]

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