Harwood Capital Management has bought discretionary fund manager Wellian Investment Solutions to bolster its multi-manager offering. The Tunbridge Wells-based company, which has £185m in assets under management, will be an integral part of Harwood’s multi-manager business. Wellian’s Alan Durrant and Richard Philbin will continue to be chief executive and chief investment officer at the firm respectively, and will work […]
Non-advised business models will be in the crosshairs of politicians and regulators no matter the outcome of this week’s general election, Money Marketing understands. Ros Altmann – who is to be made a Conservative peer and appointed minister for consumer protection if the Tories form a Government – says she will explore banning commission entirely. […]
Police have arrested a 60 year old currency trader over suspicions of a global Ponzi scheme.
Tilney Bestinvest has recorded £17.7m in pre-tax profits for the 12 months to December 2014 on a pro forma basis, the newly-merged company reported today. The combined Tilney Bestinvest business, which merged in August 2014, currently has £9bn in assets under management, up 76 per cent from the £5.1bn Bestinvest held at the end of […]
Mike Riddell and the team at Allianz Global Investors are proud to announce the launch of their new Index-Linked Gilt Fund, set for early February. The actively managed index-linked gilt fund will be available to early-bird investors for a price competitive with some of the passive funds in the sector. Mike is supported by Kacper […]
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