Rainbow to head new
Schroders has established a new team in order to expand its relationships with banks, insurance companies, national IFA firms, platforms and wraps to be headed up by James Rainbow.
Schroders has established a new team in order to expand its relationships with banks, insurance companies, national IFA firms, platforms and wraps to be headed up by James Rainbow.
Cazenove Capital’s head of UK retail Rob Thorpe is leaving the business, the latest in a line of senior staff to leave the firm following its takeover by Schroders.
European equity manager Chris Rice is to leave Cazenove Capital Management after a decade with the business with Julie Dean taking over as head of the pan European equities team.
Cazenove may hard close Julie Dean’s UK Opportunities and UK Equity Funds if new measures to stem inflows are not effective.
RDR is being blamed for the decline in mass market investment in Q1 2013 as net fund sales slumped to a five year low and ISAs were hit with net outflows, but some asset managers and their funds bucked such a trend…
Shunned Crossrail workers gathered for a second day outside JP Morgan to express their anger at the firm’s position as an adviser to Kier group, part of the consortium which prematurely ended their contract on the London railway project.
Just before the end of the 2012/2013 tax year, Her Majesty’s Revenue and Customs confirmed it is to subject any rebates received by investors to income tax. From that point on, the FCA platform paper finally published last Friday (26 April) was an easier one to put together as HMRC trumps FCA in more than…
Richard Buxton's departure has been overshadowed by the proposed acquisition of Cazenove by Schroders, and for wealth managers it is certainly the more pressing concern…
Schroders has made a £424m offer for Cazenove Capital in an acquisition that will see all Cazenove funds their managers move across to the merged business, subject to shareholder approval.
Hot on the heels of Richard Buxton's planned departure from Schroders, the firm has confirmed it is in talks with Cazenove Capital regarding a takeover, in a move that could re-bolster its UK equity capabilities.
Tactical asset allocation is getting harder as it is easy to build up a convincing negative case for most asset classes right now, with investors turning their cautious dial up to 11.
Marcus Brookes, head of multi-manager at Cazenove Capital Management, has revealed the cash level in his Diversity Fund is the highest it has ever been, despite not being bearish on markets.