Ucits sales hit seven-year high
Ucits net sales hit their largest quarterly total since 2006 in the first quarter of 2013 as demand surged to 130bn and ten countries attracted net inflows of more than 1bn.
Author: Portfolio Adviser
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Brewin Dolphin issues shares to accelerate growth
Brewin Dolphin is looking to its shareholders to raise around £40m through a share placing in order to accelerate its growth strategy, improve its competitive position and allow it to acquire client teams in “strategic regions”.
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Financial complaints hit record levels
The number of new cases dealt with by the Financial Ombudsman increased 92% between 2011 and 2012 bringing the total number of new cases for the year to 508,881.
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fsa pain rewarded for compliance
The appointment of former FSA bigwig Jon Pain as RBS’ inaugural head of conduct and regulatory affairs reinforces a concern held by many in the financial services industry, and among the Great British public that the big banks and the regulator are a little too cosy.
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Beleaguered Co-op hires HSBCs Booker
Niall Booker has been appointed as the new chief executive of the Co-operative Banking Group days after the troubled bank suspended new business lending to protect capital.
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Ashcourt Rowan adds business director to roster
Ashcourt Rowan has named its latest high profile hire, appointing Steven Midgley as the first business director for Ashcourt Rowan Financial Planning (ARFP).
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Pain hired to ease RBS woe
RBS has drafted in former FSA managing director of supervision Jon Pain in a bid to salvage its reputation following a series of high profile transgressions including Libor fixing and misselling of PPI.
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nimmos top ten death high street
The number of web-based companies in his top ten is testament to the prediction one in five high-street shops will no longer exist in 2018, Standard Life’s UK smaller companies guru Harry Nimmo said today.
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Santander ends am sell off speculation
Santander has confirmed it is to sell a stake in its asset management arm, ending recent speculation by issuing a notice to the London Stock Exchange this morning.
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why financials have further to go
Polar Capital's John Yakas and Nick Brind argue the case for financials, predicting a return to the high-yielding tradition of the sector.
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Ashburton targets Africa with first Ucits fund
Ashburton has launched the Africa Equity Opportunities Fund, the first fund to be made available on its newly created Ucits platform.
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Black rock poaches ubs uk small cap specialist
Daniel Whitestone has been named as a director of the BlackRock UK small/mid cap equities team, taking on the new role at the start of June.