Woodford-backed Purplebricks sees shares slide on £8.2m loss
Neil Woodford favourite online estate agent Purplebricks failed to woo markets with its half year figures after posting an £8.2m loss.
Asset manager launches online portal in transparency push
Specialist asset manager Gresham House has launched an online investor portal in an effort to improve transparency for its institutional and family office clients.
Workload makes 52% of employees in finance ‘physically ill’
More than half of employees in financial services say their workload has made them physically ill according to the latest survey by Emolument.
Exposing the true cost of investing
The mere threat of more transparency will push asset managers to offer discounts to investors, according to one industry expert on a quest to uncover the true cost of investments and the apparent conspiracies against transparency in the market.
OMGI’s Buxton: Market too complacent over Corbyn-led government
Old Mutual Global Investors (OMGI) chief executive Richard Buxton is concerned that markets are failing to adequately price-in the likelihood of a Jeremy Corbyn-led Labour government next year.
Treasury predicts 16m people to benefit from robo-advice
Asset and wealth managers have been urged to embrace robo-advice in order to reach millions more adults in need of money advice in the UK by a Treasury paper published Wednesday.