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Aegon brings in KPMG for £8bn Nationwide Cofunds migration

Management consultancy KPMG will be supporting Aegon to replatform £8bn of Nationwide assets from Cofunds to its new platform, Money Marketing understands. According to industry sources KPMG will be providing management consultancy support to the project which follows the insurer’s complaint-addled project to replatform Cofunds clients in May. Aegon purchased both the Cofunds retail platform, […]

The Wells Street Journal: The FCA makes its move, and robo surprises

A weekly account of the curious goings-on in the world of financial services A backlog of FCA issues…The correspondents at WSJ were fairly surprised when the FCA first announced it would move its headquarters from Canary Wharf to Stratford in London’s East End. News on the grapevine is that the regulator’s staff appear to be […]

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Buxton’s OMGI to launch trust investing in unquoted companies

Richard Buxton’s fund firm is planning to launch a private equity trust, which will invest in unquoted companies. Merian Chrysalis Investment Company is looking to raise £200m through an initial placing. Old Mutual Global Investors, led by Buxton, revealed in July it was changing its name to Merian Global Investors in the autumn. Quilter completed the sale […]

Investment

Income should mean income

By Robin Geffen, Fund Manager & CEO, Neptune Equity income funds have a vital role to play in client portfolios today. With the awkward confluence of the baby boomers retiring as fixed income yields sit at historic lows, these funds have increasingly taken centre stage in delivering income for those who need to live off […]

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