Aviva beefs up multi-manager research team with dual hire
Incoming analysts hail from MetLife Investments and The Share Centre
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Author: Kristen McGachey
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Investors yank close to £1bn from UK equity funds for second month running
Savers still shunning UK equity as they plough £1.6bn into funds market
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Temple Bar ditched from FTSE 250 ahead of update on Alastair Mundy’s replacement
Baillie Gifford US Growth trust and music royalties investment trust Hipgnosis join the index
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Winter wave of infections and no-deal Brexit would derail UK’s Covid recovery
Virus-related bounce could be short-lived in the absence of fiscal stimulus and a spike in daily cases
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HSBC Gam UK boss resurfaces at Edentree
Andy Clark will replace Sue Round as chief executive of the sustainable investment firm
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Ian Taylor bids farewell to Transact after more than two decades
Platform co-founder will retire from financial services in winter
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Odey Absolute Return nabs top spot in monthly performance tables
£430m fund lost 35% during the Covid sell-off in Q1
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Weekly outlook: Government lowers furlough scheme contribution; Zoom reports and Lindsell Train trust AGM
The key events for UK wealth managers for the week starting 31 August
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Stock dumped into Merian Chrysalis following Woodford scandal readies for £4.5bn listing
Tech unicorn features in five Merian funds as well as the £330m investment trust
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Scottish Mortgage unquoted portfolio benefits from double whammy of IPOs
Controversial Silicon Valley stock Palantir files for listing hours after Ant Group
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ASI bond fund becomes casualty of yanked £109bn Scottish Widows mandate
Steven Logan’s high yield fund forced to close after massive redemption
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7IM assets inched close to £15bn milestone before Covid outbreak
‘We now have the right people, the right strategy and the right culture in place’