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 […]
Neptune Investment Management has appointed its chief economist and investment director James Dowey as chief investment officer. He will retain his role as chief economist and report to the company’s founder and chief executive Robin Geffen. Despite Dowey’s promotion, Geffen will continue to take “overall responsibility” for the investment team as well as manage the funds he […]
The Government will today set out plans to cut at least £10bn in business red tape in a bid to boost Britain’s growth prospects, the Telegraph reports. Recently-appointed Business Secretary Sajid Javid will vow to help small firms by getting “heavy handed” regulators off their backs. In a speech in Bristol, Javid will say: “Small […]
A new Conservative Government is unlikely to ease concerns over the supply of housing, with experts pointing to continued constraints on resources and local planning departments. Property consultancy Knight Frank published a survey of over 160 housebuilders last month suggesting just 9 per cent believe more than 200,000 homes represents a sustainable level of housebuilding. […]
Paul Casson, the manager of the Artemis Pan-European Absolute Return Fund, expects to benefit from a (patchy) recovery in Europe and more profit warnings in 2016.
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