Nick Train touts Rathbones/Saunderson deal as sign of ‘big consolidation opportunities’ in UK wealth space
FGT manager ‘interested’ by Vanguard’s prediction demand for financial advice will ‘explode’ over next decade
Author: Kristen McGachey
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Coronavirus weekly round-up: Sainsbury’s and major retailers urge shoppers to keep wearing masks as England preps to scrap most Covid rules
Three investors mull the events shaping portfolios over the past week
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FCA promise to do better receives lukewarm reception from industry
Little to disagree with in City Watchdog’s business plan – but ‘haven’t we heard many of these platitudes before?’ asks Gina Miller
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Gam forecasts £2.4m loss as it rebrands private client business
Private labelling boss Martin Jufer to head up Gam Wealth Management
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How have UK property funds’ office allocations changed over a year on from Covid?
Reports of ‘the death of the office’ may be exaggerated but pandemic has forced managers to re-evaluate types of assets they own
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SJP places Alternative Assets and Japan funds on watchlist due to performance issues
Number of funds receiving a ‘red’ rating in its second AoV report falls from five to two
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Abrdn shakes up investment top brass as CIO announces retirement
Rod Paris has been with the investment firm since 2002
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Rathbones names co-CIOs as Julian Chillingworth retires
Industry stalwart to leave early next year after more than two decades at the FTSE 250 manager
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UK plc ramping up for ‘red hot recovery’ from Covid slump
JO Hambro UK Profit Index shows strong bounce back in profits in 2021 after pandemic wiped £349bn off revenues
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Canaccord Genuity WM ditches VAT from MPS range
CGWM joins Charles Stanley, AJ Bell, Brooks Macdonald and long line of DFMs that have scrapped the tax
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Property fund redemptions hold steady as another £186m heads out the door
M&G Property Portfolio takes biggest bruising though redemptions are down substantially from May’s £806m
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Charles Stanley revenues boosted by low-cost advice arm
Wealth manager created Central Financial Services division to target customers seeking ‘simplified advice’