A ban would worsen customer outcomes in most cases The report earlier this year from the work and pensions select committee on British Steel Pension Schemes is not ambiguous when it comes to contingent charging. It wants a ban. The report offered several examples of poor behaviour, which have no place in our modern profession and only serve […]
Platform Nucleus has reported a 19 per cent increase in operating profit to £5.1m for the 12 months to 31 December 2017. The result is the platform’s sixth continuous year of growth in profits. The business’s 2016 profit was £4.3m. Assets under administration increased by 22 per cent to £13.6bn from £11.1bn in 2016. Gross […]
New rules from the FCA require fund groups to appoint at least two independent directors to their boards in an attempt to enhance transparency in governance and ensure investors’ interests are known and supported. This is a huge step forward for fund groups. More and more often they have to deal with unit holders at […]
Brevan Howard Asset Management boss Alan Howard, already a member of the Rich List, is set to move higher up the rankings after posting a 37 per cent gain last month. A source tells Bloomberg that billionaire Howard’s AH Master Fund is now up 44 per cent on the year. His own hedge fund makes riskier […]
Welcome to the latest update for The Brunner Investment Trust PLC from the trust’s portfolio manager Lucy Macdonald. Market Review Global equities ratcheted higher throughout February, buoyed by optimism about global growth and corporate earnings. All regions advanced, although Japan tended to lag many other markets. In sector terms, healthcare, information technology, consumer staples and […]
- Top trends
- Top trends
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