Terry Smith dumps Sage after flagging underperformance in December
FTSE 100 software business’s share price has remained ‘in the doldrums’
FTSE 100 software business’s share price has remained ‘in the doldrums’
Manager Stephen Yiu purchased French fashion house Kering in February
Alex Cobbold and Hadley Simons have been at the £18bn asset manager since 2017
The mistake demonstrates ‘how complicated and opaque the industry is for many customers’
Period of hyper-consumption would be driven by ‘extraordinary trend of wealth creation by new industries’ rather than Covid re-opening trade
The key events for UK wealth managers for the week starting 31 May
‘The future is digital, hybrid and low cost’
Marcelo Rodrigues has held senior management positions at RBS and Lloyds
Gaurav Saroliya and Joe Pak will join the Macro Unconstrained Fixed Income team in the summer
Schroder UK Public Private Trust has invested ‘milestone’ stake in cybersecurity company Tessian
Peter Hargreaves and Stephen Lansdown feature on slimmer Sunday Times 2021 Rich List which pegs Schroder family wealth at £5.2bn
Alex Hoctor-Duncan joins as an executive director responsible for strategic development