RLAM expands equity team as Mitchell retires
Royal London Asset Management (RLAM) has expanded its equity team with two hires to replace fund manager Derek Mitchell who has decided to retire after 30 years in the industry.
Author: Sonia Rach
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Are European markets set for a downfall?
Investors have questioned whether it’s time to celebrate after a key European index closed at near-record highs in October.
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Blackrock launches AI-driven Chinese fund
Blackrock has launched a China A-Share Opportunities Fund which uses machine learning, big data and artificial intelligence in its investment strategy.
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Old Mutual Wealth takes over Yorkshire advice firm
Old Mutual Wealth Private Client Advisers (OMWPC) has acquired Bradford-based adviser, Coleman Clough.
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Gold sales soar after first rate hike in a generation
Sales of gold to first-time buyers soared 64% last week after the Bank of England’s base rate hike, The Pure Gold Company said.
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Embark platform set to ‘disrupt market’
Embark Group is “set to materially disrupt” the current market with the launch of its open architecture platform.
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Morningstar fires outdated funds warning
Mifid II will force asset managers to cull outdated funds that are no longer providing value to investors, according to Morningstar.
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AJ Bell appoints chief investment officer
AJ Bell has appointed Kevin Doran as chief investment officer (CIO) and managing director.
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Vanguard launches pair of fixed income funds
Vanguard has launched two global UCITS corporate bond funds.
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Beware of Aim’s ‘AbFab’ stocks
Hawksmoor Investment Management is warning against investing in the Alternative Investment Market’s (Aim) five largest companies, which it has dubbed the ‘AbFab’ stocks.
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Brown Shipley announces replacement CEO
Brown Shipley has appointed Alan Mathewson as chief executive.
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Axa IM launches digital economy fund
Axa Investment Managers has launched an equity fund that invests in companies benefiting from the switch to a digital economy.
