Trium adds manager to Alternative Growth Fund
Deepak Baghla, who has worked at Morgan Stanley, joins Toby Hayes on the strategy
Deepak Baghla, who has worked at Morgan Stanley, joins Toby Hayes on the strategy
Key events for UK wealth managers for the week starting 13 February
Ruchir Rodrigues joins as chief client and commercial officer
The analysts join from BNP Paribas and Global Evolution
It has appointed a COO, CCO and M&A director
FTSE 100 bank has funnelled more than £66bn to fossil fuel companies and high-carbon projects since Paris Agreement
Shareholder proposal has been filed by £130bn group ahead of the bank’s next AGM
Blackrock UK equity income duo Adam Avigdori and David Goldman have introduced Barclays to their Income and Growth investment trust, taking the total allocation to banks to 9.9%.
Gina Miller has panned the response of the UK regulator to Barclays’ chief executive Jes Staley over a breach of the whistleblowing code.
Jes Staley has been slapped with a fine in excess of £600,000 for a breach of conduct in his attempts to uncover a 2016 whistleblower.
Barclays has reported a group pre-tax loss of £236m for its first quarter following a £1.4bn settlement with the US Department of Justice (DoJ) over the sale of mortgage-backed securities.
Despite Brexit uncertainty and a more dovish tone from the Bank of England (BoE), many managers are arguing that now is the time to embrace the big four UK banks as a cheap, tactical value play.