Rathbones chief executive Paul Stockton to retire in September
He will be succeeded by Capstone president Jonathan Sorrell after 17 years at the firm
News
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TILLIT scraps Darwall’s European Opportunities trust over ‘structural challenges’
Its shift of investment strategy, ‘disrupting’ tender offer and pressure from activist shareholders has led to ‘waning confidence’
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Fed holds rates as Trump’s tariffs downgrade US growth forecasts
The central bank remained cautious as uncertain trade policy risks inflation ‘spiralling’
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Q&A: What does Foresight’s acquisition of WHEB mean for the future?
George Latham, managing partner at WHEB, explains why cultural alignment was crucial
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Fidelity’s global fixed income CIO exits
New hire will co-manage emerging market debt fund after Steve Ellis departs
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Aegon AM enters LTAF market with private credit vehicle
It provides ease of access to asset classes previously off limits to most investors amid growing demand for private markets
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M&G reports 5% profits rise for 2024
Transformation plans, including cost cuts and simplification of asset management business, boosts progress
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Reeves launches procurement process for digital gilts
The chancellor met with fintech CEOs at No. 11 to ‘help inform HMT’s commercial strategy’ with issuing tokenised gilts
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Invesco appoints new head of client solutions to ‘simplify global structure’
Georgina Taylor will drive the strategic focus of its multi-asset range, as well as managing 12 funds worth £1.1bn herself
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Confluence: Flexible retail disclosure has positives, but CCI framework comes with ‘dangerous quirk’
Confluence senior product manager Lewis Davison explores some of the nuances around the FCA’s new retail disclosure framework
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Sparrows Capital makes double BDM hire
Paul Fox and Michelle Liseli join
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Janus Henderson: UK investors up home bias in rotation away from US equities
Investors dropped their US exposure ‘well below the global average’ and retreated to UK equities as global market volatility mounts