Chris Colclough has been appointed as head of portfolio management at Canaccord Genuity Wealth Management, and will take charge of developing relationships with local private clients and intermediaries.
Research with analysts, strategists, economists and investors shows opinion is divided on which direction the next shift in price of gold will go, reflecting overall uncertainty over the future direction of a great many macro indicators.
Collins Stewart Wealth Management has seen an edging upwards of its market stress indicator from 3.0 to 3.5 in the space of a week, prompting the firm to call for a shift to defensive asset allocation.
Canaccord Financial has appointed Lazards former co-head of UK investment banking, Alexis de Rosnay, as CEO of its renamed Collins Stewart business – Canaccord Genuity.
Canaccord Financial has recorded a net loss of $20.6m in its first quarter since acquiring Collins Stewart, as revenue fell 9% during the period.
Collins Stewart Hawkpoint is to be bought by Canadian brokerage firm Canaccord in a deal expected to be worth £250m.
Collins Stewart Hawkpoint’s interim results show positive fund inflows though revenues are down on previous quarters.
