Old Mutual Wealth has appointed Steven Braudo as chief operating officer to take over from Paul Penney who assumed the role in January. Penney joined Old Mutual Wealth in 2012 as chief information officer and will leave the company later this year. Braudo, who has 23 years’ experience in the South African financial services industry, […]
The new types of socially responsible investments pose a quandary for advisers. Neither regulation nor legislation need to change but advising on these SRIs does not fit into the usual pattern and process of advice. They can come in all kinds of formats, not just a fund. The SRIs I discuss here are typically single […]
Sainsbury’s Bank has confirmed it will launch back into the mortgage sector next year. Last week, Money Marketing revealed Sainsbury’s had been in talks with distribution partners and was nearing a return to the sector after a 12-year absence. In its preliminary results, published today, it said: “Given the Bank’s strong trading performance and the […]
Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]
Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, discusses how the firm takes into account human behaviour when constructing their portfolio, specifically by embedding the idea of volatility targeting in all of their strategies.
Responding to concerns over the suspended Woodford fund, the FCA has said it first contacted the fund’s legal owner about risks in February 2018, and is now investigating events that led to the suspension. In a letter to Treasury Select Committee chair Nicky Morgan, the FCA’s chief executive Andrew Bailey said the regulator was first […]
As more people mix pension income with earned income, phased drawdown is growing in importance There is no doubt the nature of retirement is changing. People are increasingly considering different ways to transition to it from full-time work, with many choosing part-time work or a consultancy career. This is being driven by several factors: the […]
London’s access to wealthy clients and location can mean setting up a firm comes at a cost The capital city may not really be paved with gold, but it has more than its fair share of wealthy clients for advisers to service. Known as a place where people’s careers and businesses can thrive on the […]