M&G Prudential continues senior management shake-up as demerger looms
There has been little noise on the spin-out of the investment and savings arm over the last year
News
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Woodford trust benefits as open-ended fund takes paper loss
Analysts weigh in as Patient Capital prepares to issue new shares for stock switch
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Gam made Haywood whistleblower redundant
UK regulator remains tight-lipped on ongoing Haywood saga
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Ruffer seeks to profit as it warns over run on bond funds
Team behind £400m trust warns selling pressure would migrate to more liquid assets
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Martin Currie CEO expected to revive ‘lacklustre’ fund range
Fund selectors say Julian Ide needs to boost boutique manager’s perception and fund range
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UBS seeds sustainable equity fund from BMO Gam
Jamie Jenkins will manage fund based around the UN Sustainable Development Goals
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Aberdeen Standard Investments seeks income via ‘unorthodox’ assets
Multi-asset team favours healthcare royalties and aircraft leasing
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Weekly outlook: Insurers reporting; Senior Managers Regime update; and state pension age increase
The key events for UK wealth managers for the week starting 4 March
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Gender pay gap expected to be even worse a year on
Initial results are ‘depressing’ but only 17% of financial services firms have reported so far
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Jupiter CEO ‘not looking back in anger’ as assets fall by £7.5bn
Surprise cost-cutting programme and less severe dividend cut sent shares flying 7%
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Fund selectors approve of Woodford stock switch
Star manager shifts £73m of unquoted stocks from flagship equity income fund to investment trust
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Axa IM’s Chris St John sells out of SJP
‘It made sense to exit’
