C. Hoare & Co names successor to departing CIO Cavaye
C. Hoare & Co’s head of research Robert Jeffree is to take over as the firm’s chief investment officer, following the departure of David Cavaye after 15 years.
News
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UK complaints long-stop proposal praised by advisers
The Financial Conduct Authority’s proposal to introduce a long-stop for claims against financial advice has been met with optimism by advisers.
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Edmond de Rothschild launches UK push
Edmond de Rothschild Asset Management has launched a concerted effort to push the growth of its UK operation with a catalogue of recruitments.
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HSBC slashes fees on three index tracker funds
HSBC Global Asset Management has halved the fees on three of its main developed market tracker funds, joining a growing list of ETF providers cutting charges.
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Brown Shipley adds MPS and multi-asset range to Standard Life’s Wrap platform
Brown Shipley has made its model portfolio service and multi-asset fund offering available through Standard Life’s Wrap platform.
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UK Gov’t kick-starts consultation into accessibility of advice
The Treasury and the Financial Conduct Authority (FCA) have jointly initiated a consultation to “radically improve” the access and affordability of financial advice in the UK, the first step in a major review of the industry.
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BMO brings Pyrford fund to retail market
BMO Global Asset Management is launching the £2.27bn Pyrford Global Total Return fund in the UK retail market.
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Head-to-Head: Threadneedle Global Equity Income vs Invesco Global Equity Income
For investors around the world, 2015 is turning into a year best forgotten. Stocks, commodities and currency funds are suffering, and even the tiny gains in bonds are being gobbled up by inflation.
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Ex-Schroders sales head signed up by Seneca IM
Former head of IFA sales at Schroders Steve Jackson has joined Seneca Investment Managers.
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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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OMW opens retirement proposition utilising revamped Generation funds
Old Mutual Wealth has strengthened its retirement income capability with the launch of IncomeSelect.
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Man GLG tech fund to close
MAN GLG is to close its technology equity fund with the two lead managers leaving the firm at the end of the year, according to reports.