SYZ Asset Management has increased the allocation to managed futures in its Altin fund of hedge funds by adding a small fund that it says is more nimble than bigger funds. Altin now has a 1.24 per cent holding in Blackwater Capital Management’s managed futures programme to bring further diversification to the portfolio. SYZ says […]
Former Tenet chief executive Simon Hudson has bought IFA firm Oakleaf Independent Financial Services and plans to grow its client bank by acquiring small firms and sole traders. This week’s Money Marketing reveals that Hudson and former Tenet group commercial director Peter Lane have acquired Oakleaf for an undisclosed sum. Hudson says they plan to […]
Bestinvest has launched 14 risk-rated managed portfolios as part of its new advisory offering. The service, which launched this week, is open to investors with a minimum of £50,000, including joint portfolios, access to an adviser. Bestinvest’s advised clients now have access to the platform, which has only been available to execution-only clients since its […]
Royal London’s life and pension sales increased by 12 per cent from £2.3bn in the first nine months of 2010 to £2.5bn at the end of September. New business at Scottish Life increased 13 per cent from £1.6bn in the first nine months of 2010 to £1.8bn in the first nine months of this year. […]
In this short video, Head of Multi Asset at Royal London Asset Management Trevor Greetham looks at how to configure portfolios to match different risk appetites, explaining the tools he uses to manage risk. Click here
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]