Ninety One Diversified Income promoted to Hargreaves Wealth List
The £845m fund is a good option for ‘cautious investors looking for an alternative to cash as rates fall’
News
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Jupiter head of EMD exits
Alejandro Arevalo will be succeeded by co-manager Reza Karim
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Wealth managers increase allocation to digital assets
60% of wealth managers surveyed estimate they will have more than 3% of assets invested in digital assets in the next three years
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94% of investors consider defence stocks ESG friendly
ESG investors have stopped divesting from defence stocks and started buying them since the invasion of Ukraine
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UK GDP stagnates in July for second month running
Industry commentators weigh in on no GDP growth in July
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Industry welcomes FCA extension to SDR naming and marketing rules
Firms can have until April 2025 to comply with the rules in ‘exceptional circumstances’
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Allfunds expands platform partnership with Rathbones
First partnered with Rathbones Investment Management International
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Global dividends hit fresh record high in Q2
The $606.1bn paid out in the quarter marked an 8.2% increase
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Lazard hires SSGA’s Robert Forsyth as global head of ETFs
Forsyth joins after over a decade at State Street
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Schroders confirms Richard Oldfield as new CEO
The former CFO will take over the reins on the 8 November
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UK unemployment data carves a ‘clear path’ for Bank of England
Wage growth slows but unemployment rate decreases
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abrdn appoints Jason Windsor as group CEO
Has been interim group CEO since May 2024
