Football legend says asset manager fraud bankrupted him
Former Premier League footballer Colin Hendry said he will be seeking compensation if an investigation into Kingsbridge Asset Management proves its staff conspired to defraud a large number of its high net worth clients.
Volatility fears see wealth boutique eye 30% cash holdings
The likelihood of lower returns and higher volatility has seen newly-founded wealth boutique, Lockhart Capital Management, unveil a new strategy which could see cash holdings rise substantially, according to head of investment, Andrew Wilson.
Asset Management regulatory burden to jump as much as 30% – Survey
Roughly three in four asset managers expect to spend both more time and money on adhering to increasingly stringent regulations in 2015, a study by Alpha FMC has revealed.