legacy and trail allowed but FSA
The FSA today aimed to allay confusion surrounding trail and legacy commission post-RDR, but warned it would maintain a close supervisory eye on intermediaries’ behaviour to detect any foul play.
Author: Portfolio Adviser
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us equity funds lose out to high
Value seekers and profit takers pulled $6bn out of US Equity Funds last week as they steered money into riskier sectors such as high yield bonds and frontier markets.
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its not uts excel for alternative strategies
Four open-ended funds dominate investors’ focus when considering absolute return investing although Charles Younes names those investment trusts that he argues investors would be far better off turning to.
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swip in dog house as fum
Scottish Widows Investment Partnership saw funds under management fall in the year to 31 December, despite inflows of from mandates previously managed by Invista Real Estate.
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jupiter to launch offshore strategic bond
Jupiter Asset Management is to launch an offshore mirror of its high performing Strategic Bond Fund for manager Ariel Bezalel.
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buy riskier assets but be careful which ones
As authorities around the world continue to print money, markets continue to push upwards but John Redwood voices his concerns about investors getting too carried away just yet.
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aberdeen re-brands multi-asset
Aberdeen has changed the name of its multi-asset and multi-manager arm to Aberdeen Solutions to “better reflect the component strategies” and to appeal to intermediaries’ increased outsourcing of investment decisions.
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jm finn poaches from brewin dolphin
JM Finn & Co has nabbed four former Brewin Dolphin employees, who will join as senior investment managers and be based in London.
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eden joins cofunds from axa wealth
Cofunds has poached Laura Eden formerly interim head of business development at Axa Wealth Elevate to come in as head of strategic partnership management.
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much-needed independent research on etfs
With the continued heat surrounding the ETP market, recently ratcheted up by ESMA’s release of its long-awaited consultation, there could be no better time for the launch of a independent firm concentrated on the controversial vehicles.
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robinson opens up altana distressed assets
New investment management firm Altana Wealth is opening its Altana Distressed Assets Fund (ADAF), run by founder and CIO of the firm Lee Robinson, to outside investors.
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wealth manager argument on behalf of actives
Lee Robertson addresses the very vocal comments from low-cost fund providers and argues the case for active fund managers.