New Star Asset Manage- ment has promoted UK growth fund manager Stephen Whittaker to the role of joint chief investment officer, serving alongside Alan Miller. Whittaker will continue to manage the UK growth fund, which he took over from Miller in July 2002.
To be a professional means more than merely having a job, it involves striving to achieve the highest standards.
Old Mutual has finally tabled a 3.3bn bid for Skandia after a pursing the company for several months. The offer is higher than the 3.1bn that the South African-based Old Mutual said it was prepared to pay earlier but still not enough to secure a Skandia board recommendation. The offer would be paid for by […]
A Sidcup mortgage broker has lost his appeal against a decision by the Office for Fair Trading to revoke his consumer credit licence. Stewart Williams, trading as S&J Consultants, was convicted in July 2000 on several offences, including dishonesty and obtaining business money transfers by deception.
The ABI is changing its rules under which providers of investment funds in the life and pensions sector report their past performance data to ensure each fund appears just once in performance tables.
Fees under pressure. Regulatory moves against closet indexers. Rapid advances in financial technology. Shifting sentiment among investors. Such mounting challenges have led to widespread speculation about active management’s shrinking future. But a closer look inside intelligent portfolio construction today tells a story of expanding roles, added value, and innovative risk-adjusted, lower-cost solutions. Four investment experts […]
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Aviva has triggered a five day platform blackout as it moves to new technology. The platform will be unavailable from 6pm on Wednesday 17 January through to Monday 22 January while the provider manages its transition onto an updated system run by technology provider FNZ. The downtime will affect Aviva’s investment platform only, but other adviser […]
JLM Mortgage Services has launched the first stage of its new ‘robo advice’ service. The mortgage and protection network claims it is the first network to launch such a tool to its members. The Virtual Adviser will allow member brokers to offer an online service to residential and buy-to-let customers. This service will offer an […]
Providers should listen closer to advisers and consumers when deciding what initiatives will work