Weekly outlook: Platinum Jubilee and quarterly FTSE review
Key events for UK wealth managers for the week starting 30 May
News
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Edinburgh IT discount widens despite performance turnaround under Majedie
Board banking on Liontrust’s ‘enhanced marketing resources’ to bring shares in line with NAV
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FCA embarks on ambitious overhaul of listing regime
It wants the UK to attract more high quality, growth companies to give investors greater opportunities
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River and Mercantile names James Sym as head of equities
Equities team saw significant reshuffle ahead of Assetco acquisition, including Dan Hanbury’s exit
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AJ Bell more resilient than rivals as customer numbers and assets climb
Integrafin-owned Transact also takes in record net inflows despite challenging backdrop
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Richard Pursglove exits Sanlam UK
He has been group head of distribution since September 2018
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Majedie managers jump ship to join Artemis US equities team
Adrian Brass and James Dudgeon will primarily focus on its US Extended Alpha fund
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Benchmark Capital buys Northern Ireland advice firm
Deal adds £120m in client assets to the Schroders’ subsidiary
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Abrdn duo join Premier Miton’s new EM sustainable equities team
A dedicated fund will be launched in 2023
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Coupland Cardiff names Redwheel alum as new CEO
Richard Cardiff will become chairman of the company he co-founded in 2005
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Protestors slam FCA’s ‘chronic and catastrophic’ failings as they march on Parliament
Brandishing signs accusing the regulator of being ‘morally bankrupt’ and cosying up to companies it is supposed to regulate
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Darius McDermott: Is there any hope for corporate bonds?
Investors pulled nearly £800m from the sector in Q1 2022