Industry backs chancellor’s plan to extend VCTs beyond 2025
Half of VCTs sell their goods and services abroad, compared to the UK average of 10%
Author: Christian Mayes
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Second Kwarteng climbdown sees fiscal plan brought forward
But sterling rebound may not mean confidence in the government is on the rise
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Invesco head of multi asset David Millar to retire
Georgina Taylor will succeed him, while Clive Emery takes on the new role of head of multi-asset strategies
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Ruffer appoints co-manager to replace Hamish Baillie
Jasmine Yeo has been with the company since 2017
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AJ Bell inks £150,000 consultancy agreement with ex-CEO Andy Bell
He will work for the platform at least 48 days a year
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Kwarteng backtracks on tax cut for highest earners
The ’embarrassing’ U-turn follows criticism from Conservative MPs and the IMF
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Hargreaves sharpens ESG pruning shears
As it sets up dedicated team of analysts to assess environmental, social and governance risks
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Quilter’s Wealthselect MPS backs fixed income but swerves gilts
Weighting to equities pared back as ‘further deterioration’ expected
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Arbuthnot Latham opens MPS to UK advisers
Lee Jones joins from Abrdn to spearhead the push as director of intermediary sales
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Assetco to return £7.5m to shareholders
Buyback programme will see nearly 15 million ordinary shares repurchased
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IMF rebukes UK tax cut plans
As Bank of England rolls out government bond buying programme in an effort to calm markets
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Richard Colwell to retire after 25 years of managing money
Columbia Threadneedle head of UK equities role will be split between Jeremy Smith and Catherine Stanley