Equity funds drive Ucits sales to all-time high
Investor demand for equity funds drove Ucits sales to an all-time high in January.
News
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Coutts banker exits as harassment claims surface
Coutts’ head of key client coverage Harry Keogh has exited the private bank with immediate effect weeks after a sexual harassment investigation against him became public.
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Pension fund’s fee demands reassuring for advisers
A policy from the world’s largest pension fund to only work with asset managers that adopt performance-based fees should be reassuring for advisers even if they lack the scale to make same demands, Orbis UK head Dan Brocklebank has argued.
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Jupiter’s Whitmore launches global value fund
Jupiter heavyweight UK value manager Ben Whitmore is branching out and launching a dedicated Ucits global equity mandate.
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‘Clock is ticking’ for pay gap disclosure
Employers that fail to meet the deadline to disclose their gender pay gap could wind up in court, the Equality and Human Rights Commission has warned.
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FCA wins ‘dubious investments’ case in High Court
The High Court has ordered individuals connected with Capital Alternatives Limited to pay £16.9m in restitution for their roles in four unauthorised collective investment schemes.
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Adviser platforms clinging to ‘old world inefficiency’
Most advised platforms are relying on “inefficient” and “old school” processes and are a long way off from a fully digitalised service, a new study by the Lang Cat has shown.
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Aberdeen Standard Investments sues Provident Financial
Provident Financial is embroiled in a legal battle with Aberdeen Standard Investments, one of its largest investors, over an FCA probe into its troubled credit card unit Vanquis Bank.
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Mid-tier fund brands hot on the heels of Blackrock
Mid-tier fund houses are hot on the heels of Blackrock in the eyes of fund buyers as the US behemoth slips from favour for a second year running, according to the latest brand ranking from asset management consultancy Mackay Williams.
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Heartwood adds lower-risk options to sustainable range
Heartwood Investment Management has added two lower-risk strategies to its sustainable multi-asset range.
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France increases tax breaks for Brexit talent
France has increased its bid to attract business amid the uncertainty of Brexit, using a little known rule allowing employees moving to France to enjoy income tax exemption for a total of eight years.
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Silchester ups stake in Jupiter to 12%
Silchester International Investors has upped its stake in Jupiter Asset Management to just above 12%.
