A quick recap of the highlights on a big night for the industry at the Money Marketing Awards 2017.
AWD Holding AG announces revenue of 22.8 per cent during 2004 to 473.4m.Operating profit was boosted by 29.5 per cent to 49.3m, net profit increased by 38.9 per cent to 34.3b and earnings per share reached a record level of approximately 0.90, up by 38.9 per cent.The UK-arm of the German group, AWD plc grew […]
The fund will be the first in the world to be managed by AI and machine learning One of Sanlam Global Investment Solutions’ Ucits funds will now be solely managed through artificial intelligence. The Sanlam managed risk Ucits fund will be the first balanced fund in the world to be driven by AI and machine […]
Talks between the two rival providers are set to take place following shareholder approval of the Standard Life Aberdeen deal
Around 20 Accenture staff worked on Old Mutual’s replatforming, but have been sent home after IFDS was kicked off the project.
Peter Saacke, Artemis’ CIO, suggests what may lie ahead and explains how volatility suits stockpickers.
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FCA chief executive Andrew Bailey says the watchdog’s main priority for its register will be the accuracy of data displayed about individuals. In a letter to MP Nicky Morgan, Bailey responded to comments Morgan made in the Daily Telegraph that the Treasury select committee would raise the issue of the register when the FCA next […]
Police have ended their investigation into the chief executive of cross-border pensions provider STM Group. A statement from the Aim listed firm – which hit headlines again recently for acquiring a majority stake in embattled Sipp provider Carey Pensions – says that “no further action” will be taken against boss Alan Kentish. Royal Gibraltar Police […]
Will political moves to back EIS schemes be enough to stimulate productive investment? When chancellor Philip Hammond announced a set of new rules for venture capital at last year’s Autumn Budget, he triggered a key moment for the enterprise investment scheme industry. “We were at an EIS event with fellow providers and mid-event, when the […]