Banks prepare for robo-advice launches

Four major banks are developing robo-advice services aimed at mass market customers, with the first launch expected in the next two months. The Financial Times reports Barclays, Royal Bank of Scotland, Lloyds Banking Group and Santander are all eyeing robo-advice launches. The banks are said to be waiting on the outcome of the Financial Advice […]


Home Office launches fraud taskforce with banks

Home Secretary Theresa May has partnered with some of the UK’s largest banks to unveil a new Joint Fraud Taskforce. The Home Office will work with Financial Fraud Action UK, which includes the major UK banks to share information to tackle fraud. In a speech later today, May is expected to say that “fraud shames […]


Woodford to manage Openwork UK equity fund

Neil Woodford is to manage a new UK equity fund launched by advice network Openwork. The UK Growth and Income fund, which will take positions in both listed and unquoted companies in the UK, will only be available to Openwork’s advisers. The fund will be available in February through Openwork’s asset management business, Omnis Investments, which offers multi-asset model portfolios with funds run by groups including […]

Henderson to merge global trusts after strategic review

The board of the Henderson Global Trust plans to merge it with the Henderson International Income Trust as it has failed to get sufficient assets. The board undertook a strategic review of the trust in a bid to reduce its discount, which has been 10.7 per cent over the past 12 months. The Global Trust, run by […]


Latin America 2018: will the momentum continue?

Thomas Smith, Head of Latin American Equities, Neptune Thomas Smith argues that 2018 should see a continuation of the supportive trends for Latin America that have been in place since early 2016. The global recovery is gaining momentum and breadth, with strong and steady growth in the industrialised economies and an acceleration across emerging markets, […]


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