Scottish Mortgage rakes in 419% from unlisted companies
Alibaba and Spotify among the investment trust’s successful picks
News
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Fundsmith steals Buxton’s thunder as IPO falls short
Fundraise deemed ‘decent result’ in light of challenging markets and competition from Terry Smith
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Fundsnetwork finally expands into FTSE stocks
Old Mutual Wealth becomes the last major adviser platform without UK equities
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Standard Life launches portfolio tech solution
Firm’s head of UK propositions claims technology is ‘huge step forward’ for advisers
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Quilter CFO steps down
Tim Tookey was ‘instrumental’ in prepping the firm for IPO
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Fidelity appoints global CIO of fixed income
Replaces Charles McKenzie who is set to retire
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Active manager woes deepen as trackers get £1bn windfall
More than $86bn pulled from active managers globally in Q3
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Brooks Macdonald suffers backlash over pay
Almost half of shareholders reject changes over dilution fears
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Wealth managers’ UK expansion is a ‘targeted recovery’
Spate of hires due to fact that ‘there is simply not enough advisers to provide advice in the UK’
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IA warns Big Four auditors ‘too big to fail’
UK trade body joins calls for enhanced transparency and competition
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Nutmeg low-cost advice service deemed too ambitious
Robo-adviser is offering tailored recommendations for £350
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Asset managers see global recession within 18 months
Protectionism in the UK and further afield fuels fears.
