James Hay has added four equity tracker funds from State Street global advisers to its wrap platform – Japan, North America, Europe ex UK and Asia Pacific ex Japan. The wrap now has a total of 1,133 funds available.
Bramdean Asset Management’s chief executive has been on the road around the UK giving advisers details of her new venture into alternative investment and its aim to open up private equity and hedge funds to the mass affluent. She also has plans to set up a wealth management service for women in the Middle East. Interview by Gregor Watt.
Market abuse and conflicts of interest continue to be the most significant risks involved with private equity, says the FSA.In the FSA’s feedback to its recent Private Equity discussion paper, the regulator says these two issues will remain the key areas of regulatory focus and its alternative investments supervision team will be conducting further work […]
BNP Paribas and Winterflood Securities have launched two new closed-ended investment funds in conjunction with Harewood Structured Investment PCC Limited.The EURO high income fund aims to deliver high income and capital stability to investors with an annual yield of 7.5 per cent from an equally-weighted portfolio of 20 European shares. It pays income to investors […]
A group of 500 people have launched legal action against Ingenious Media saying they were misled about film investments that were later deemed to be tax avoidance by the government. According to Bloomberg, which cites court documents, employees from companies including Goldman Sachs, Lloyds Banking Group and HSBC are part of the action. British composer Andrew Lloyd-Webber is […]
Embark Services returned to profit in 2017 as it reported an increase in self-invested personal pension clients. Embark Services is a subsidiary of Embark Group that trades under the Hornbuckle and Embark brands. The business reported pre-tax profit for the year ending 31 December 2017 of £136,000 compared with a loss in 2016 of £2.4m. […]
Architas UK has seen inflows drop by just over 70 per cent in the first half of the year. The Axa-owned asset manager reported £152m net inflows for the first six months of 2018, compared with £546m in the first half of 2017. Globally, Architas’s net inflows dropped to €797m (£710.6m) in the first half […]