Author: Kristen McGachey

  • Premier redemptions slow despite ‘difficult’ market

    Premier redemptions slow despite ‘difficult’ market

    Premier Asset Management delivered positive net flows of £411m and lower redemptions over the first half of the year, despite what it called “a more difficult market environment”.

  • Fairstone poised to buy nine IFAs this year

    Fairstone poised to buy nine IFAs this year

    Fairstone is set to acquire IFA firms in Leicester and Stockton-on-Tees and anticipates it will line up seven more acquisitions this year.

  • Deutsche Bank ousts British boss; hails ‘new era’

    Deutsche Bank ousts British boss; hails ‘new era’

    Deutsche Bank has replaced British boss John Cryan with Christian Sewing, who it said will usher in a “new era” for the battered bank.

  • The seven worst managers on gender pay

    The seven worst managers on gender pay

    Now that the first annual gender pay gap reporting period has come to a close, Portfolio Adviser takes a look back at the seven worst offending investment management firms.

  • Woodford pharma darling proposes de-listing and liquidation

    Woodford pharma darling proposes de-listing and liquidation

    Abaco Capital, a pharmaceutical company majority-owned by Neil Woodford, has announced its intention to cease trading on the Aim exchange and enter voluntary liquidation after failing to make a mandatory takeover bid.

  • Gina Miller slams FCA’s silence on Mifid II breaches

    Gina Miller slams FCA’s silence on Mifid II breaches

    The Financial Conduct Authority has been lauded for requiring managers to demonstrate value for money but Gina Miller has come down hard on the regulator for failing to toughen up on firms violating Mifid II cost disclosure rules.

  • DFMs worse than asset managers on gender pay

    DFMs worse than asset managers on gender pay

    Women at wealth management firms are worse off than their female counterparts at fund groups when it comes to remuneration, being paid 59p for every £1 men earn on average, compared to 70p for every £1 in the asset management industry.

  • Invesco to slice AJ Bell stake at IPO

    Invesco to slice AJ Bell stake at IPO

    Invesco Perpetual is expected to cut its 44% stake in AJ Bell, alongside second-largest shareholder Andy Bell, to make it easier for smaller investors to get in on the firm’s IPO.

  • Evenlode’s Peters escapes brother-in-law Yarrow’s shadow

    Evenlode’s Peters escapes brother-in-law Yarrow’s shadow

    Ben Peters of Evenlode on the meteoric rise of the boutique firm out of the ashes of the financial crunch and how his training as a physicist informs the scientific approach to stock selection that has allowed the firm’s flagship fund to hit a cool £2bn.

  • Fund managers in for ‘shock’ Mifid II research bill

    Fund managers in for ‘shock’ Mifid II research bill

    Fund managers might be in for a research bill shock as the first quarter under Mifid II draws to a close, Chris Turnbull of the Electronic Research Interchange (Eric) has warned.

  • The top five funds of Q1

    The top five funds of Q1

    The first quarter of 2018 was highly unpredictable, with pessimism and volatility creeping back into global markets, but which funds came out on top? Portfolio Adviser takes a look at data from FE to find out.

  • Jupiter global value launch faces world biased towards growth

    Jupiter global value launch faces world biased towards growth

    Jupiter’s star UK value manager Ben Whitmore has described his decision to launch a global value fund as a bold move, given the investment style’s decade-long slump. But with a renewed interest in cyclical stocks in a rising rate environment, is this move as contrarian as he makes out?