View more on these topics

Nucleus appoints technical director

Nucleus Financial Group, the IFA-owned wrap platform is appointing Andrew Smith as chief technology officer.

Smith was previously vice president of development and operations at Thomson Financial where he managed the global securities division.

In his new role, Smith will be responsible for the infrastructure and proposition delivery and process design of the platform and will report to chief executive David Ferguson. His appointment follows that of Neil Howitt who joined Nucleus in June as chief financial officer.

Commenting on his new role Smith says: “My challenge is to provide a seamless experience for those advisers who are using the Nucleus platform. Ultimately, we are looking to offer a simplistic and user friendly process that until now has eluded this market.”


Down but not out

Investor pessimism over the performance of equity markets is at its highest level for the past decade, according to a Merrill Lynch survey of global fund managers in June. Negative sentiment towards equities is higher than at any time between March 2000 and March 2003 when the decline in global stocks was steeper. It is likely that the second half of this year will be challenging but there are grounds for that thinking there will be selective opportunities to make healthy returns.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm