FCA appoints deputy chief executive
New role created at the regulator
Author: Alex Sebastian
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Allfunds CEO Juan Alcaraz steps down
Being replaced by Annabel Spring as CEO in June
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PISCES private asset exchange gets FCA go-ahead
New exchange to launch later this year
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IA reports strongest fund flows of year in April amid tariff turmoil
Inflows of £1.1bn were recorded in the month, almost double March’s £519m
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ARC: Private wealth portfolios already on track to reach pre-Liberation Day levels
Global equities rose close to 6% in May when measured in US dollars
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Mattioli Woods and Kingswood to merge
Combined firm will serve over 25,000 clients
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Morningstar: UK multi-asset funds double US equities exposure in eight years
UK equities exposure has plummeted
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Evelyn Partners launches Index MPS range for advisers
Five portfolios across risk profiles
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Cash ISAs booming with £4.2bn inflow as government weighs reform
Deposits in banks and building societies rose by £7.4bn
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Rathbones’ Coombs: ‘We won’t be following the ‘hot’ investment flows into Europe’
Sceptical of shift some investors have made away from US assets
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‘Worst case scenario’: Trump tariffs a hammer blow to Asian equities
China, Japan, India, Vietnam facing highest tariffs
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Spring Statement 2025: ISA reform prospects welcomed as ‘a real opportunity’
Government committing to look at options for reform