Liontrust has seen interim profits rise by 8 per cent to £5.6m over six months to June from £5.2m last year. Performance fees leapt from £134,000 to £367, 000.
Former Invesco Perpetual associate director of sales Kevin Mordrick is to join Rensburg Fund Management as a regional sales director. Rensburg says his move intends to boost the the level of service that it provides to advisers and discretionary managers in London and the South East. Rensburg joint managing director David Acfield says: “We could […]
Cazenove’s new multi-manager team is looking at investing in hedge funds for the first time with the help of the group’s hedge fund managers, Tim Russell, Neil Pegrum and Chris Rice.
Our combined efforts can help to raise awareness of the open-market option
Skipton Financial Services says it is lining up further IFA acquisitions as part of its aggressive growth strategy.It recently acquired Parnell Fisher Child and believes consolidation is key to the survival of adviser firms after the retail distribution review.Managing director Simon Holt says he believes Skipton is an attractive parent because of its acquisition strategy. […]
By Kunal Desai, head of Indian Equities, Neptune A key concern for investors who were looking at India afresh has been the rich valuations and strong prior performance. We view the correction in the market through short-term growth concerns from demonetisation as a terrific entry point for the long-term investor. Investors should not be overly concerned […]
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When Selectapension stopped executing defined benefit pension transfer advice last year, eyes quickly turned to its key partner firm: CFPML. A previously unknown entity, the FCA reviewed CFPML as part of its work, and a little big of digging from Money Marketing uncovered it was actually a two-man band advice firm just down the road from […]
The end of the “boom” in pension transfers could be in sight, consultancy the Lang Cat predicts. The Lang Cat has published its latest platform market scorecard, which found pension gross inflows to platforms dropped 16 per cent in the first quarter of 2018 when compared to the fourth quarter of 2017. This was compared to […]