John Hailer, CEO of Natixis Global Asset Management, says the company is focused on the UK, which it sees as being one of the world's largest wealth markets with an unrivalled understanding of investments and funds.
HSBC is to cut more than 800 jobs as the lender shifts focus to its India, China and Poland business following a major restructuring plan. The cuts will see 840 IT staff affected in London, Sheffield, Leeds and Birmingham. The move forms part of HSBC’s previously announced three-year plan to cut 8,000 jobs in the […]
Transferring out of a final salary pension scheme has long been seen as a taboo by many in the industry. But the issue has been thrown into much greater focus since the pension freedoms were introduced. This is partly because many schemes are offering transfer values higher than the historical average but also as a […]
Daniel Nicholas, Product Manager of the Harris Associates Global Concentrated Equity Fund, discusses the main challenges and issues facing global equity investors in 2016.
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Former Legal and General corporate affairs director John Godfrey has left his role as head of Downing Street’s policy unit less than a year after joining. Godfrey took up the reported £130,000 role in Theresa May’s special adviser team last July, after serving as group communications director for L&G and then corporate affairs director since […]
The FCA has estimated that the hiring of new independent directors to fund management boards will cost firms a total of nearly £28m a year, as it lays out better fund governance rules. In its consultation paper on implementing the asset management study’s “package of remedies”, published today, the regulator says it will now require […]