Standard Life’s Mick “Potter” James gets a flattering makeover as the famous wizard to celebrate his 40th year. His team doctored the poster as a surprise for Mick, who is possibly the youngest-looking 40-year-old that the Diary has ever seen.
A House of Lords select committee has been set up to investigate the FSA. The probe will explore the working methods of the regulator and their effectiveness.
Neptune Investment Management has launched a fund that invests mainly in companies that are aiming to improve the environment.
The specialist sector has overtaken UK equity income as the top-selling sector across Isas, Sipps and onshore investment bond wrappers, says FundsNetwork.UK equity income is now the second-best selling sector and UK all companies is third. The latest figures from the platform show the top 10 sectors demonstrate the popularity of property funds that launched […]
Sipp and SSAS specialist Hornbuckle Mitchell is aiming for expansion after delivering a 38 per cent rise in turnover in 2006.
Loomis Sayles senior global economist James Balfour looks at the three main macro themes evident during October: a world lacking in demand; the strength of global market performance; and the required exit from profits recession. Click here
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Lawyers who represent investors against Berkeley Burke over allegations of mis-sold Sipps estimate more than 1,000 claims could be in the pipeline. The High Court has approved a group litigation order relating to claims against Berkeley Burke Sipp Administration, and those affected have until 23 July 2018 to register to join the group action. It […]
Do not be spooked by recent falls. The bull market has further to run. Stockmarkets have been thriving in the not-too-hot, not-too-cold “Goldilocks” backdrop of the last few years. Growth has been strong enough to boost profits, and inflation low enough to keep central bank policy loose. Recent stockmarket weakness is centred on signs that […]
The FCA continues to engage with the asset management industry on new European regulations as questions remain over how firms should report costs and charges. After over a month since Mifid II and Priips came into force, concerns have been raised on how fund fees, in particular transaction costs, should be calculated under the two […]