Fidelity adviser platform poaches from M&G for head of proposition
Sam Christopher has previously worked at Aegon, Legal & General and Cofunds
FundsNetwork
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Fidelity International acquires low-cost D2C platform Cavendish
Fundsnetwork already powers the Cavendish investment platform
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Fundsnetwork accelerates digital upload roll out to help advisers during Covid-19
But platform industry accused of implementing ‘short-term fixes rather than long-term solutions’
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Advisers stuck by Lindsell Train in worst ever month for flows
UK Equity fund underperformed the FTSE All Share as growth sold off
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Platforms drag their feet on Mifid II ex-post charges
14 platforms detail where they’re at with sending client statements
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Fundsnetwork finally expands into FTSE stocks
Old Mutual Wealth becomes the last major adviser platform without UK equities
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Fundsnetwork names woman to succeed Pat Shea
Fidelity International’s platform at important point in its evolution
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FundsNetwork investors seek diversification and defence
Mixed Investment 20-60% Shares was the top selling sector on FundsNetwork in December as investors sought diversification and defensive assets, according to Fidelity International figures.
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Bonds and mixed assets funds prove popular in July
Sales of corporate bond funds surpassed those of global equity funds to be the best selling sector in July, while investors also sought solace in the mixed asset sectors, according to FundsNetwork.
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What investors really think: June’s top selling sectors
Fund sales in the global and corporate bond sector soared in June, suggesting a move to diversification and safety according to data from FundsNetwork. We list the best-selling sectors of the month here.
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FundsNetwork fills head of advisory vacancy after Everill departure
Fidelity’s fund platform FundsNetwork has named Jackie Boylan as head of advisory services, the role previously occupied by Jon Everill.
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Fidelity FundsNetwork on FCA complaints list
Fidelity FundsNetwork has been named alongside banking giants Barclays, HSBC and Santander in receiving the most investment-related complaints in the first half of the year.