Author: Kristen McGachey

  • Baillie Gifford funds go ‘bonkers’ riding the tech boom

    Baillie Gifford funds go ‘bonkers’ riding the tech boom

    Baillie Gifford funds have topped performance tables over a relatively volatile first six months of the year thanks to a high concentration of Fang stocks. But is riding the tech boom set to continue to deliver returns for investors?

  • Smith & Williamson overhauls remuneration ahead of IPO

    Smith & Williamson overhauls remuneration ahead of IPO

    Smith & Williamson has announced changes to its remuneration policy as it prepares for a listing on the London Stock Exchange by the end of 2019.

  • Nucleus confirms plans to pursue Aim-listing

    Nucleus confirms plans to pursue Aim-listing

    Platform provider Nucleus confirmed on Monday it is pursuing a listing on the alternative investment market (Aim) with trading to commence in late July.

  • European Wealth rebrands as losses widen

    European Wealth rebrands as losses widen

    European Wealth’s string of losses continues following a major overhaul of the business, which will see it rebrand to take advantage of what it sees as a “fragmented” UK wealth management marketplace.

  • Pensions industry shuns cash-poor millennials

    Pensions industry shuns cash-poor millennials

    Millennials have largely been left in the lurch by pension providers who assume they are too cash poor or disinterested to engage with investing for their future.

  • Autolus IPO ‘step in right direction’ for Woodford trust

    Autolus IPO ‘step in right direction’ for Woodford trust

    The initial public offering (IPO) of biotech company Autolus is a “step in the right direction” for Neil Woodford’s Patient Capital trust but investors should be prepared for a bumpy ride, according to Winterflood Securities.

  • Tatton M&A plans stall as assets hit £5bn

    Tatton M&A plans stall as assets hit £5bn

    Tatton Asset Management has drawn in advisers outsourcing investment in light of Mifid II, taking assets close to £5bn, although it admits M&A plans are still “a work in progress”.

  • BT chairman says finding female board members a ‘conundrum’

    BT chairman says finding female board members a ‘conundrum’

    BT chairman Jan du Plessis has come under fire for suggesting it is difficult to find women with sufficient experience to sit on the complex boards of global companies.

  • Polar Capital announces Paris office as ‘Brexit shadow’ looms

    Polar Capital announces Paris office as ‘Brexit shadow’ looms

    Polar Capital has confirmed a raft of changes to the business, including the opening of a Paris location, as it looks to expand its European presence in light of Brexit uncertainties.

  • Liontrust’s Husselbee: Managers must have a 10-year track record

    Liontrust’s Husselbee: Managers must have a 10-year track record

    Liontrust’s John Husselbee has resolute opinions on the art of fund management, shunning managers and active funds with a track record any shorter than 10 years.

  • SJP unlikely to dump the Woodford gravy train

    SJP unlikely to dump the Woodford gravy train

    St James’s Place’s partnership with Neil Woodford is unlikely to end any time soon, despite many discretionary fund managers and platforms dropping the star fund manager on underperformance.

  • LGIM poaches Standard Life Aberdeen Asia head

    LGIM poaches Standard Life Aberdeen Asia head

    Legal & General Investment Management has poached David Hoantee Peng from Standard Life Aberdeen for a newly-created role in its Asia team.