Smith scoops £8m bonus as Fundsmith flourishes
Terry Smith’s eponymous firm increased profits six-fold last year with the veteran fund manager set to scoop a bonus of more than £8m as a result.
Terry Smith’s eponymous firm increased profits six-fold last year with the veteran fund manager set to scoop a bonus of more than £8m as a result.
Chase de Vere has revealed plans to launch a discretionary model portfolio service this year amid growing client demand and stiff competition from other firms.
Symvan Capital is targeting wealth managers with the launch of its third Seed Enterprise Investment Scheme fund for tax-efficient investing in UK startups.
UBS Asset Management has launched two ETFs to the London market with a focus on sustainability and socially responsible investing.
Aviva Investors has revealed an Oeic version of its £537.13m Global Equity Endurance Fund.
Waverton Investment Management (WIM) has renamed its European Income Fund to the Waverton European Dividend Growth Fund to align it better with the manager’s day-to-day investment approach.
Legal & General Investment Management (LGIM) has expanded its equity income range with the launch of the L&G European Equity Income Fund.
Whisky investors are spending on average £10,000 a year on rare malts and amassing collections worth £75m, according to a world-wide survey.
This year seems to have been one which sparked itchy feet for some asset managers, chief executives and long-standing industry veterans who switched up jobs or even retired. Here we take a look back at some of the biggest job moves throughout 2017.
Secondary fundraising within investment trusts hit an all-time high of £6bn in 2017, up £1bn on last year, according to research from the Association of Investment Companies.
Seneca Partners has announced plans to expand its tax relief range with the launch of the Seneca Income & Growth Venture Capitalist Trust (VCT) during the first quarter of 2018.
Japanese and European smaller company investment trusts top the rankings when it comes to year-to-date returns, with both AIC sectors delivering returns north of 40%.