The Investment Management Association’s market statistics are not exactly exciting reading for the investment industry at the moment, with total net sales in the negative by millions, but a bright light shines from the new absolute return sector.
Alliance Trust Savings has revamped its fund supermarket with a new charging structure and the addition of open architecture funds.
Accord has pulled its prime Existing Borrower Transfer range which was launched today with immediate effect.
Homeowners aged 65 and over have £726.43bn of equity in their properties, according to Prudential research.
Head of Sustainable Investing at Royal London Asset Management, Mike Fox, looks at the case for including artificial intelligence within a sustainable investment strategy. Read the article in full here The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get […]
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]