Terry Smith dumps Sage after flagging underperformance in December
FTSE 100 software business’s share price has remained ‘in the doldrums’
Author: Harriet Habergham
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Blue Whale Growth sees Gucci-owner and Google parent slide into top 10 holdings
Manager Stephen Yiu purchased French fashion house Kering in February
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Sarasin & Partners promotes two to partner level
Alex Cobbold and Hadley Simons have been at the £18bn asset manager since 2017
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M&G sends out incorrect statements to 10,000 customers
The mistake demonstrates ‘how complicated and opaque the industry is for many customers’
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Nick Train banks on luxury holdings benefitting from UK’s roaring 20s boom
Period of hyper-consumption would be driven by ‘extraordinary trend of wealth creation by new industries’ rather than Covid re-opening trade
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Weekly outlook: US non-farm payrolls; B&M and Pennon full-year results
The key events for UK wealth managers for the week starting 31 May
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M&G and Charles Stanley target advice gap with low-cost services
‘The future is digital, hybrid and low cost’
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Schroders Personal Wealth names business development boss for Scotland and Northern Ireland push
Marcelo Rodrigues has held senior management positions at RBS and Lloyds
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Allianz GI bolsters Mike Riddell’s unconstrained bond team with two hires
Gaurav Saroliya and Joe Pak will join the Macro Unconstrained Fixed Income team in the summer
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Former Woodford trust initiates first holding since Schroders takeover
Schroder UK Public Private Trust has invested ‘milestone’ stake in cybersecurity company Tessian
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Schroder family sees fortune grow by £1.2bn despite Covid hit
Peter Hargreaves and Stephen Lansdown feature on slimmer Sunday Times 2021 Rich List which pegs Schroder family wealth at £5.2bn
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Global head of ASI to join Martin Gilbert on River and Mercantile board
Alex Hoctor-Duncan joins as an executive director responsible for strategic development