ETFs dominated BlackRock’s net sales for 2017, its full-year results reveal. iShares ETFs generated $245bn (£179bn) net sales over the period, contributing sizeably to total net inflows of $367bn. Blackrock topped the market in the US and Europe when it came to ETF inflows for equity and fixed income products. For Q4, total net inflows […]
Thomas Smith, Head of Latin American Equities The second round of the Chilean presidential election took place last month, with Sebastian Pinera of the centre-right Chile Vamos coalition defeating the ruling centre-left coalition candidate Senator Alejandro Guillier. Chile is the latest country in Latin America to elect a market-friendly and pro-business president – across Latin […]
Smith & Williamson has confirmed former Towry Group chief executive Andrew Fisher has been appointed a non-executive director. Fisher, who was also chief executive of Coutts, succeeds Bob Bogart, who resigned last year. His appointment is effective immediately. Smith & Williamson refused to comment on his appointment when contacted by Money Marketing at the start […]
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The Legal Services Act of 2007, which opened up the legal market to competition, has put the cat among the professional pigeons. In the words of a 2015 Law Society report on what the legal profession is likely to look like in five years’ time: “Business as usual is not an option for many, if […]
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