JP Morgan trust eyes second merger after scooping up Scottish Investment Trust
As sanctions force JPM Russian Securities to change its investment objective
Author: Christian Mayes
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Time fills new head of equity funds role with Finncap recruit
And hires a fund manager from Jefferies
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You Asset Management adds trio to investment team
They join from Capital Asset Management, Liontrust and the University of Singapore
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UK dividends fall despite 50% increase in financial sector pay-outs
Strong US dollar ‘enormously flattered the figures’ as historically dependable miners tightened the purse strings
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Edentree promotes Katimbo-Mugwanya to head of fixed income
He was previously senior fund manager on its Responsible & Sustainable Sterling and Short-Dated bond funds
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Sterling breathes ‘sigh of relief’ as Sunak and Mordaunt race for No 10
After Boris Johnson announced he would not stand
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Parmenion sells down UK equity income and ups corporate bonds to neutral
After concluding economy is in the early stages of a recession
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Brewin hires wealth director from Gam Investments
Joss Mitchell brings 35 years’ industry experience having previously worked at Kleinwort Hambros, Citi and HSBC
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M&G promotes Rebecca Broadbent to sales director of UK wholesale
While Katie Hammond joins from Liontrust as a client relationship manager
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Net inflows onto AJ Bell’s platform plunge 17%
But the investment arm sees AUM jump more than a quarter
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Saunderson House a steadying presence amid improved Rathbones results
Funds under management and administration down £10.7bn since the start of the year but most was lost in H1
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Ballooning inflation back at 40-year high
Rising food prices drove CPI back to July’s record 10.1% as industry commentators ponder the BoE’s next rate rise
