Blackrock appoints Aviva boss to board
Blackrock has appointed Mark Wilson, chief executive of Aviva, as an independent director on the company’s board.
Author: Sonia Rach
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Lang Cat: 90% of platform assets at risk of disruption
Approximately 90% of the £519bn assets held on adviser platforms are subject to disruption from a major business change, according to the Lang Cat.
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Quilter Cheviot: This is not a long bull market
Quilter Cheviot’s chief investment strategist Alan McIntosh argues the length of the current bull market will not determine when it ends and he sees no sign of it slowing anytime soon.
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What do IPOs mean for the future of platforms?
Platforms’ business models are an important consideration under financial adviser due diligence so what do a recent spate of IPOs and planned listings from Transact, AJ Bell and Nucleus mean for the nascent market?
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Brown Shipley continues London expansion
Brown Shipley has continued to strengthen its London office with the appointment of two client directors.
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Fund platforms lose market dominance
Platforms’ market dominance has declined over the past year, according to the Investment Association’s (IA) January statistics.
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MP brands Blackrock ‘schizophrenic’ over Carillion
Blackrock has defended itself against charges from a parliamentary select committee it was “schizophrenic” in its holdings of Carillion, taking both long and short positions.
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Franklin Templeton eyes ETF Europe expansion
Franklin Templeton has poached a smart beta specialist from Invesco Powershares for a newly-created senior ETF role as it eyes expansion in Europe.
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Albion VCTs fully subscribed under reduced target
Patient Capital Review changes implemented by the government mean Albion Capital has confirmed its VCT offers are fully subscribed at its new reduced target of £32m, shy of the £38m it initially hoped to raise.
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Hearthstone appoints former Architas head as CEO
Former Architas head of UK Cedric Bucher has resurfaced at a residential property specialist, Hearthstone Investments, where he will be chief executive officer (CEO).
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FCA challenged to name and shame closet tracker firms
The Financial Conduct Authority’s (FCA) action to make asset managers stump up £34m in compensation for “closet trackers” initially seemed like a win for investors, but the regulator has refused to name companies involved, even though one is facing an enforcement investigation.
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Asset managers stump up £34m compensation for closet trackers
The Financial Conduct Authority (FCA) has ordered asset managers to pay investors £34m in compensation after overcharging for “closet tracker” funds, in a move described as “hugely positive” for investors.
