Close Asset Management has appointed Cazenove Capital Management fund director Jonathan Gamble as director of intermediary sales to drive plans to buy IFA client books.
Invesco Perpetual – Tactical Bond Fund
Advisers have hit out at Skipton Building Society’s move to axe the ceiling on its standard variable rate, hiking it from 3.5 per cent to 4.95 per cent.
President Barack Obama promised to take the fight to the bankers as he announced sweeping reforms of the banking sector.
Former Kensington chairman and ex-Abbey chief executive Peter Birch is understood to be seeking private equity backing from Blackstone to launch a new bank.
The companies held in the Artemis European Opportunities Fund are resilient and still growing. Mark Page finds little to worry stockpickers who focus on the fundamentals.
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]