Standard Life Aberdeen boss confirms changes at Wrap and Elevate and UK wealth push
Former banker Stephen Bird is also looking to take inspiration from Blackrock with move into ETFs
Author: Jessica Tasman-Jones
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Coronavirus weekly round-up: Vaccine trial brings jubilation while UK govt plays down the Brexit border implications
Six investors mull the events shaping portfolios over the past week
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FCA abandons work on platform exit fees due to coronavirus
Proposed ban had been one of the few issues the regulator had sought to address following the platform market study
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Heartwood exits ‘competitive’ adviser market to focus on private clients
UK wealth manager tells advisers the distribution channel will close in 2021
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UK GDP set to be twice as bad as peers in 2020 despite record coronavirus rebound
Vaccine provides hope for 2021 but could upset markets if stimulus is dialled back
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Martin Gilbert joins Saranac Partners as non-exec
Aberdeen Asset Management co-founder described as a longstanding supporter of the wealth firm
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Round Hill raises $282m with music royalty investment trust to rival Hipgnosis
Hipgnosis Song fund has raked in additional £850m since launch in 2018
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Beaufort Investment nabs Credit Suisse man to manage model portfolios
Richard Warne had been head of discretionary portfolio management for London and the Channel Islands
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Interactive Investor dumps Kevin Murphy and Nick Kirrage from buy list
‘We are unable to endorse a strategy that has not been able to deliver due to stock selection’
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Stars align for Schroders £250m investment trust IPO after rivals failed to launch
UK equity investment trust discounts have narrowed on positive vaccine news and US election clarity
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Former Financial Times editor joins HSBC Global Asset Management
The bank’s funds arm is launching a new content and research division
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Beaten down FTSE stocks jump up to 40% on promising Pfizer vaccine
‘The airlines and airline-related stocks are on a tear, rising in some cases by over 25%’
