Parmenion sells down UK equity income and ups corporate bonds to neutral
After concluding economy is in the early stages of a recession
After concluding economy is in the early stages of a recession
Joss Mitchell brings 35 years’ industry experience having previously worked at Kleinwort Hambros, Citi and HSBC
While Katie Hammond joins from Liontrust as a client relationship manager
But the investment arm sees AUM jump more than a quarter
Funds under management and administration down £10.7bn since the start of the year but most was lost in H1
Rising food prices drove CPI back to July’s record 10.1% as industry commentators ponder the BoE’s next rate rise
Number of advisers using the platform jumped 5% in a year
Amid ‘toxic cocktail of persistent inflation, central bank hawkishness, recession risk and political uncertainty’
She also holds similar roles at Baillie Gifford and HydrogenOne
Chancellor’s emergency statement saw most tax cuts scrapped, with universal energy bill support to end in April 2023
As Finsbury Growth and Income Trust celebrates ‘quarter of improved relative performance’
The pair have been appointed as non-executive directors