The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]
Venture Capital Trust funding has jumped by more than a third in the past year, boosted by Chancellor Philip Hammond’s changes to the sector in the 2017 Budget, new figures show. The Association of Investment Companies says the amount raised by the sector went up 34 per cent to £728m in the 2017/18 tax year […]
Ovation Finance founder Chris Budd has sold his firm, opting for a model that allows staff to control the business without owning shares. Shares in the company are being sold to an employee ownership trust. As Budd explains in an Adviser Lounge article, the trust doesn’t currently have any money because it is newly established […]
Even after 33 years in the asset management business, Standard Life Investments UK Smaller Companies fund manager Harry Nimmo is as enthusiastic as the day he started. “I’m enjoying it so much I reckon I’ll be in the business a few more years as long as Aberdeen Standard is willing to have me. Retirement is […]
Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, says the financial market has experienced the ‘Marching Band Effect’ over the past few years, with the various elements moving to left and right together and feeling the risks as one, making the effect more dynamic.
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