Ex-Henderson director, City analyst and former pro cricketer launch DFM with investment trust focus
‘We simply don’t buy into the impediments often cited by other investment managers for not using trusts’
Author: Harriet Habergham
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JP Morgan Chase strikes deal to acquire robo-adviser Nutmeg
Acquisition forms part of US financial giant’s plans to launch a digital bank in the UK later this year
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Brooks Macdonald sales director jumps ship to join Jon Gumpel at Aubrey Capital
Simon Pinner will help Aubrey promote and distribute its expanding fund range
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Chrysalis and Scottish Mortgage set for boost as Wise preps for £9bn IPO
Money transfer app makes up over 8% of Richard Watts and Nick Williamson’s late-stage company trust
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HSBC Asset Management creates £38bn alternatives business unit
Firm is rolling its existing alternatives businesses into a single entity
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UK inflation soars past Bank of England’s 2% target in May
UK CPI hits 2.1% last month, beating expectations of a 1.8% rise
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River and Mercantile rolls out Ucits version of £420m Global Recovery fund
Strategy will mirror Hugh Sergeant’s existing UK domiciled fund which returned 45% in the last year
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Tatton AM sees assets smash £9bn as profits slide
Firm targeting AUM growth of £15bn in three years with £3bn worth of M&A deals anticipated
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Hawksmoor lands double hire from Investec for Bath office
Ian Bailey and Rob Robson join as head of office and senior investment manager after eight year at Investec Wealth & Investment
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Square Mile adds two hires to research and consulting team
Ex-Tilney global emerging markets and pan-Asian fund analyst among the new recruits
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PE-backed consolidator snaps up Tavistock’s £1bn multi-asset arm
‘The deal could be the start of another wave consolidation in the DFM space’
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Weekly outlook: US Fed policy decision; Ashtead full-year results and Tesco trading update
The key events for UK wealth managers for the week starting 14 June