Wealth management CEOs call out four ways to boost industry’s growth
More predictable regulation was among the ways to boost growth, according to a report released today by PIMFA, KPMG and UK Finance
News
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Richard Pease joins Rockwood’s investment advisory group
Pease retired from fund management in 2023 following Crux’s acquisition by Lansdowne Partners
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Sparrows Capital makes further BDM hire
James Denton joins from Foresight Group
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What does Moody’s downgrade mean for bond investors?
Moody’s downgraded US debt to Aa1 over the weekend amid concerns over the scale of the country’s debt pile
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Columbia Threadneedle to launch four-portfolio active ETF range
Managed by Chris Lo
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Schroders’ Jamie Fowler becomes head of UK wealth
Has been at Schroders since 2002
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Aviva Investors appoints global high yield portfolio manager
Roland Derks joins from Goldman Sachs
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Weekly Outlook: Vodafone and M&S report
Key events for wealth managers in the week beginning 19 May
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Asset managers lose £1bn in Q1 despite 54% reporting net gains
The drop in sales was ‘negligible compared to the total money deployed in markets’ and was higher than the previous quarter
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High GDP growth exceeds expectations, but experts warn of slowdown
The UK economy grew 0.7% in the first quarter after a period of stagnation, yet Trump’s tariffs and Reeve’s tax hikes could unravel investors’ optimism
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SJP’s Rainbow awarded £2m in shares after Schroders exit
Award reimburses Rainbow for share awards forfeited after leaving Schroders
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River Global asset management CEO departs
Current head of equities Matt Hudson (pictured) to become CIO