Author: Kristen McGachey

  • Old Mutual Wealth picks up £40m IFA

    Old Mutual Wealth picks up £40m IFA

    Old Mutual Wealth Private Client Advisers has acquired Wiltshire IFA A&M Financial Services.

  • Don’t expect the BoE to turn hawkish

    Don’t expect the BoE to turn hawkish

    January consumer price index (CPI) data and recent comments from Bank of England governor Mark Carney himself seem to suggest that an interest rate rise next month is inevitable. But it would be overhasty to assume that the dovish central bank will suddenly turn hawkish.

  • Baillie Gifford to launch US patient capital trust

    Baillie Gifford has announced its intention to raise £250m by launching a patient capital trust that will target American companies with long-term growth prospects.

  • Woodford-backed start-ups reveal cash woes

    Woodford-backed start-ups reveal cash woes

    Itaconix and RM2 International, two small-cap firms that are majority owned by Neil Woodford, have reported cash troubles in their latest trading updates. Elsewhere, the heavyweight UK manager has doubled his exposure to builder Crest Nicholson.

  • UK plc profits and revenues soar to record highs

    UK plc profits and revenues soar to record highs

    A weak pound and the synchronised global recovery helped boost revenues and profitability among UK-listed companies to record highs, according to The Share Centre’s latest Profit Watch UK report.

  • Barclays slapped with second SFO charge

    Barclays slapped with second SFO charge

    Barclays’ UK retail banking arm is now facing the ire of the Serious Fraud Office over its involvement in the bank’s alleged unlawful lifeline deal with Qatari investors.

  • TwentyFour’s Bowie names top bonds to survive rising rates

    TwentyFour’s Bowie names top bonds to survive rising rates

    TwentyFour Asset Management’s Chris Bowie names his top bond picks that will help protect against a rising rate environment.

  • Candriam makes push into European real estate market

    Candriam makes push into European real estate market

    Candriam Investors has partnered with real estate investor Tristan Capital Partners, setting its sights on the European private equity real estate market.

  • Roberts and Milburn tease details of Liontrust strategies

    Roberts and Milburn tease details of Liontrust strategies

    Ex-Kames fixed income duo David Roberts and Phil Milburn disclose details about the three strategies they are busy cooking up at new home Liontrust, with the first product potentially launching by the end of March.

  • SEI Wealth Platform adds £10bn assets in 2017

    SEI Wealth Platform adds £10bn assets in 2017

    SEI Wealth Platform increased assets under administration by £9.3bn to £41.4bn in 2017, its parent company has reported.

  • Ashmore’s AUM hits $70bn as investors clamour for EM

    Ashmore’s AUM hits $70bn as investors clamour for EM

    Ashmore continued to benefit from high investor demand for emerging markets products, recording close to $8bn in net inflows over the first half of the year.

  • Axa IM launches low cost share class for Lifetime Distribution fund

    Axa IM launches low cost share class for Lifetime Distribution fund

    Axa Investment Managers is offering a “keenly priced” share class for its Lifetime Distribution fund at an estimated 46 basis points ongoing charges figure (OCF).