Hargreaves accused of shirking responsibility as it gets ‘angered’ over Woodford
‘They have to accept the brickbats when it doesn’t work’
Companies
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Brown Shipley snaps up East Anglia hub
NW Brown brings almost £1bn in discretionary assets under management
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Quilter Investors plugs discount as income launch nears
Helen Bradshaw will target ‘first quartile yield’ in two portfolios
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Mattioli Woods shelves Amati buyout plans
Wealth manager swaps share option for £750,000
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Hargreaves silent on Mark Dampier’s bonus amid Woodford fallout
CEO Chris Hill will not accept bonus payments until gated fund reopens
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Tilney rebuilds Scotland team with Standard Life Aberdeen veteran
Wealth manager also moves to new office in Edinburgh
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Weekly outlook: Fed leads trio of central bank reports amid slew of inflation data
The key events for UK wealth managers for the week starting 17 June
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Nick Train anticipates period of poor performance for his trust
No surprise if such a highly concentrated portfolio hits the skids ‘at some point’
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Investment industry looks to bring black representation above 1%
Justin Onuekwusi says asset managers need to open up about topics that have traditionally been taboo
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MPs urged to spread net wider than Hargreaves in Woodford probe
Nicky Morgan demands answers from platform boss over cosy relationship with Woodford
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Hargreaves downplays Woodford exposure in multi-manager range
But a ‘rush for exit doors’ could see a similar outcome for investors
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SLA could clash with ‘utterly independent’ Grant Thornton advice arm
‘Advisers might balk at the idea of being subsumed into 1825’
