Martin Gilbert’s Assetco recruits Columbia Threadneedle head of distribution
Gary Collins drafted in to develop Saracen Fund Managers’ distribution strategy
Author: Harriet Habergham
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Mark Barnett’s former Invesco funds continue to bleed cash
UK Equity High Income hit by outflows of £536m despite new management, according to Morningstar estimates
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Weekly outlook: SSE, British Land and Johnson Matthey full-year results
The key events for UK wealth managers for the week starting 24 May
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Transact sees highest ever inflows as investor confidence increases
The platform’s funds under direction hit £46.9bn on the back of strong inflows
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UK inflation doubles in April as lockdown restrictions ease
‘The economic recovery could be a Trojan horse, smuggling inflation into the UK, right under the nose of central bankers’
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Hargreaves Lansdown unveils service to help women navigate finances
‘One thing has remained consistent throughout all the fintech disruption and global pandemic – the gender investment gap’
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Fundsmith justifies static fees in second assessment of value report
Economies of scale have diminished since 2017, with the OCF remaining static since then
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Weekly outlook: UK unemployment, wages and inflation figures; Land Securities and Vodafone full-year results
The key events for UK wealth managers for the week starting 17 May
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Fund buyers expect Saracen Fund Managers revival after Assetco purchase
Martin Gilbert-backed business will buy the Edinburgh-based asset manager in £2.75m deal
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Hargreaves Lansdown records £4.6bn new business but is wary of post-lockdown lull
FTSE 100 platform provider suspects elevated share dealing volumes may start to flag as lockdown eases
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Brewin Dolphin attracts record quarterly inflows of £1bn
Total discretionary funds were up 11% at £45.7bn
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Hargreaves Lansdown sees booming sales as investors splash the cash in Q1
Gross and net platform sales double from the previous quarter to reach record highs