Brown Shipley names Barclays Private Bank man as head of Scotland
Mark Flynn will lead the next stage of the DFM’s strategy in the region
News
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Jupiter shares slide as retail arm hit by £1.9bn outflows
Unconstrained fixed income funds and UK and European equity strategies main culprits behind Q1 redemptions
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Schroders family stake set to shrink as it moves to simplify dual-class share structure
Proposals would see non-voting shareholders given full voting rights
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Shareholders vote to resurrect former Gresham House trust
Decision to wind-up Rockwood Realisation has been reversed
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Wealth firm that issued mini-bonds enters administration
Around 40 clients invested roughly £4m in the Absolute Return Forex Bond
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Kingswood names new CEO in third senior shakeup in two years
Nine months after a leadership reshuffle saw CFO Patrick Goulding depart
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Investec maintains sell rating on ex-Woodford trust despite strategy change
SUPP’s 31% discount is comparable to HVPE and Pantheon International which ‘offer much stronger fundamentals’
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Abrdn shuts second straggling bond fund in a week
Follows hot on the heels of the closure of the ASI Short Duration Credit fund
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Weekly outlook: Unilever results and US tech giants report after Netflix collapse
Key events for UK wealth managers for the week starting 25 April
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Asset managers with gender equality funds have smaller pay gaps
Mean pay gaps at Baillie Gifford and LGIM well below the industry average of 30.1%
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European PE investor buys Ascot Lloyd
IFA firm is currently owned by US investor Oaktree Capital Management, which bought Sanlam’s wealth operations in 2021
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AJ Bell assets dip 2% but customer numbers keep climbing
CEO Andy Bell hails flat net platform inflows as ‘encouraging’ amid challenging market backdrop