Will next Barclays CEO revamp the investment bank?
With Barclays seemingly set to appoint its third CEO since 2012, conjecture has already begun over what exactly James Staley could bring to the business.
Companies
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Odey, Parbrook buy in to restructured Turcan Connell Asset Management
Turcan Connell Asset Management has announced a significant restructuring of its management and the entrance of some significant new investors.
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Jupiter sees net Q3 inflows but volatility weighs on AUM
Jupiter reported overall net inflows of £77m for the third quarter of the year, it said on Monday.
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UBS Wealth developing new hedge fund-friendly range
UBS Wealth is planning to launch a new range that will allow it to incorporate hedge funds in its portfolios.
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LSE sells Russell Investments for £752m
The London Stock Exchange Group has agreed to sell Russell Investments to private equity firms TA Associates and Reverence Capital Partners for $1.15bn (£752m) in cash.
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IA launches consultation to review priorities
The Investment Association plans to consult its members on how best to prioritise its focus ahead of hiring a new CEO, chair Helena Morrissey said on Thursday, before adding it has no intention to make any changes to the ongoing executive pay project
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BlackRock not among the IA rebels
BlackRock has not been among the firms considering ending their membership of the Investment Association either before Daniel Godfrey stepped down as CEO or at present, it is understood.
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Daniel Godfrey departs as IA CEO
Daniel Godfrey has departed his post as CEO of the Investment Association, the industry body has announced.
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Aberdeen, Fidelity, and Invesco reportedly considering IA exit
Aberdeen Asset Management, Fidelity Worldwide Investment, and Invesco Perpetual may be reconsidering their position as members of the Investment Association, reports indicated.
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Liontrust rides out volatile summer with inflows uptick
Liontrust Asset Management has come through the summer uncertainty with a slight uptick in net flows despite the volatile ride, the firm revealed in its half-year trading update.
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Advisers may have to adopt ‘come one, come all’ approach – Bellpenny
Bellpenny is showing no signs of quitting the acquisition trail as CEO Nigel Stockton warns of advisers being forced to adopt a come one, come all approach by early 2016.
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PA CONGRESS: Inside Autumn Congress 2015
Leading wealth and fund managers came together under sunny-ish skies in West Sussex, to discuss the issues of the day at PA Autumn Congress 2015.
