Tax breaks add lustre to increasingly popular VCTs
But history shows changes to the rate of relief can have a huge impact and a budget is scheduled for next month
Author: George Angier
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Russell Investments hires CEO from Blackrock
Zach Buchwald was also managing director at Morgan Stanley
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LGIM lands multi-asset manager
James Giblin has been plucked from LGT Wealth Management
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WH Ireland manager exits for Silverwood Wealth Management
George Holloway reunites with former colleagues Steven Beaney and Martin Guilbert at the start-up
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Jupiter snubs unquoteds as it ditches Starling
Meanwhile Chrysalis has forked out £20m to increase its stake in the bank
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HL funds flagged for underperformance
Only four out of 14 passed with a clean bill of health, according to its 2022 value report
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Simon Brazier to exit Ninety One
He will step down from managing the firm’s UK alpha strategy on 31 March
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Liontrust UK Focus fund manager departs strategy after two decades
Imran Sattar became sole manager on 1 February
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Investors shun UK equity funds at home and abroad in January
The sector has suffered 20 consecutive months of outflows as global equity funds prove more attractive
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Oberon snaps-up WH Ireland’s Paul Sheehan
The former Jupiter director will be responsible for high-net-worth clients
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Pridham Report: Blackrock and LGIM weather torrent of outflows
Fidelity also improved gross year-on-year sales, as passive strategies won out in a tumultuous 2022
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UK investors pulled ‘eyewatering’ £25bn from funds
2022 marks the first year when sales to retail investors fell into the red