Investec reshuffles board ahead of asset management spin off

Investec chief executive Stephen Koseff and managing director Bernard Kantor have stepped down from their respective roles ahead of a proposed demerger of the company. According to a stock exchange notice Koseff and Kantor will continue to serve on the board as executive directors, where their main task will be assisting joint chief executives of the demerged […]

Lehman Brothers collapse: Could history repeat itself?

In the third part of our series marking the 10-year anniversary of the collapse of Lehman Brothers, investment industry experts give their opinion on the likelihood of another major crisis and whether the market has learned from the mistakes that led to the 2008 crash. Nick Clay, lead manager of Newton Global Income fund at […]


Nutmeg loss deepens as regulatory burden bites

Digital wealth manager Nutmeg reported a loss of £12.4m in 2017, an increase on the previous year’s loss of £9.4m. The robo-adviser, which was in its fifth year of business last year, saw its turnover increase 56.1 per cent to £4.56m from £2.56m in 2016. Nutmeg assets pass £1bn Nutmeg saw a customer growth in 2017, […]

Alan Hudson

AFH chief executive: ‘We have no intention of slowing down on acquisitions’

AFH chief executive Alan Hudson on leading the industry’s most prolific advice firm consolidator After announcing four acquisitions in just two weeks earlier this month, AFH chief executive Alan Hudson knows the market has questions about the sustainability of the group’s success. AFH is becoming a mainstay of adviser-press headlines as it continues buying up […]


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