Martin Gilbert signals Revolut could move into low-cost investments
Asset management grandee also admits he used to let Donald Trump win at golf
News
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SLA seeking to offload Parmenion comes as no surprise to platform experts
Chief executive Stephen Bird is seeking to offload the IFA platform to cut ‘cost and complexity’
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Morningstar launches fund versions of managed portfolio strategies
‘The funds provide investment exposures unavailable to most individual investors’
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Fraudsters use Covid crisis to dupe retail investors out of £10m
Investment Association reports the number of incidents involving clone firms has quadrupled
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Weekly outlook: Opec meeting, Zoom reports and FTSE 100 reshuffle
The key events for UK wealth managers for the week starting 30 November
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Coronavirus weekly round-up: UK debt nears £400bn and US cases spike in Thanksgiving run-up
Six investors mull the events shaping portfolios over the past week
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Aberdeen Standard continues passive push with hedge fund trackers
Comes as Standard Life Aberdeen CEO is shifting the asset manager towards passive products
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Premier Miton sees profits dented and net outflows following merger
The merger of two firms in November last year has cost £4.5m
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Merian Chrysalis shuns Jupiter moniker in rebrand
£462m trust to become Chrysalis Investments Limited following shareholder approval
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New boutique Whitman targets £25m with first fund
UK smaller companies fund launch follows several failed investment trust IPOs in the space
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Chancellor’s delay of RPI reform set to be a boon for infrastructure trusts
Impact on HICL will be to reduce NAV by 1.6p per share, rather than 3.1p with a 2025 date
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Campaign group launches for Woodford Equity Income investors seeking redress
#JusticeForWoodfordInvestors comes as Harcus Parker prepares to file its case at court