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Towry investment head leaves after Tilney Bestinvest deal

Towry head of investments Andrew Wilson will leave the firm this year following its acquisition by Tilney Bestinvest. Wilson, who help with the transition of duties in the coming months, has been with the firm since 1994, when it was John Scott & Partners. Since 1996, when he was appointed investment director, Wilson was responsible for multi-manager […]

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Woodford in Govt talks over £250m tech start-up fund

Neil Woodford is in talks with the government to allocate capital to a initiative to back early-stage tech ventures outside London. The British Business Bank is working with other institutional funds to launch the £250m investment company, which will be approximately 50 per cent backed by the taxpayer, The Times reports. It will invest between £5m and […]

Ex-Investment Association chief urges return to fund manager code

Former Investment Association chief executive Daniel Godfrey has urged his successor Chris Cummings to reinstate a deadline for the trade body’s Statement of Principles code. Announced in April 2015, when Godfrey was still at the helm of the Investment Association, the code aimed to educate investment managers on their responsibilities towards clients. Godfrey was subsequently ousted […]

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Scotland prepares for second vote on independence

Scotland’s first minister Nicola Sturgeon is finalising plans to bring about a second referendum on whether Scotland should be independent from the UK. The Times reports the Scottish National Party leader is to set out plans for a further vote on independence in two weeks time as part of her programme for Government. Scottish government […]

Jonathan Platt

Bonds face up to stormy conditions

As bonds face up to stormy conditions, Jonathan Platt, Head of Fixed Income at Royal London Asset Management shares three key trends our Fixed Income Team have seen shaping bond markets recently. Read the article here. Past performance is not a guide to future performance. The value of investments and the income from them is […]

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