Woodford FCA saga nears end as Link tries to offload funds unit
A settlement with the FCA currently stands in the way of a potential sale to Waystone Group
Author: George Angier
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Abrdn shutters three more funds
Liquidations are part of its plan to merge or close over 100 strategies
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Gilbert plans ‘aggressive assault’ on Assetco costs
The firm made a £9.2m loss across the 12 months as administrative expenses from acquisitions weighed heavily
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LGT Wealth creates head of business development
Elliot O’Brien has been promoted to build out the firm’s digital strategy
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Resurrection of cash delivers healthy results for HL
High interest rates and defensive investors pushed revenues on cash up nearly 1,000%
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Fed has hands full as inflation proves obstinate
Which may dash hopes of a pivot in the second half of this year
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Nikko AM sets up global sustainable investment team
The outfit is led by Natalia Rajewska
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Capital Group names equities head for Europe and Asia
Katharine Dryer has worked at Jupiter and Blackrock
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Brooks Macdonald names Leeds and Manchester investment heads
Firm also hires global marketing head from Ninety One
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Golan’s corporate bond fund bags Fundcalibre Elite rating
Four other strategies given top marks, including JP Morgan Global Equity Income
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Future of Abrdn trust in the balance
A merger is one of the prospects facing the Smaller Company Income Trust as it undergoes a ‘strategic review’
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Defensive stance sees Ruffer performance suffer
Rica failed to gain from the market rally, but defended its positioning