While 2017 has been a “forgiving year”, producing decent returns for most asset classes, Brewin Dolphin’s head of research, Guy Foster, believes that investors won’t be in for such a smooth ride in the new year.
Asset and wealth managers have been urged to embrace robo-advice in order to reach millions more adults in need of money advice in the UK by a Treasury paper published Wednesday.
The Financial Conduct Authority has fined Bluefin Insurance Services for failing to inform customers about its independence in a way that was clear, fair and not misleading while it was owned by Axa UK.
Emerging market equities and short duration corporate bonds are just two assets which should perform well in 2018 according to Fund Calibre’s Darius McDermott.
Legal & General has agreed to sell its mature savings business to global reinsurer Swiss Re to “accelerate its growth agenda” in other areas.
Legg Mason has renamed the Western Asset Global Blue Chip Bond Fund to the Western Asset Short Duration Blue Chip Bond Fund.
Investors looked for overseas exposure in November as confusion over the Irish border and wrangling over the UK’s divorce bill dominated Brexit negotiations. Indeed, according to The Share Centre, eight of its 10 most traded funds in November offer global diversification. Read on to find out which funds topped the trades.
Barclays and Nationwide are among the latest batch of firms taking part in the Financial Conduct Authority’s (FCA) regulatory sandbox to test products and services before launching.
The Share Centre’s multi-manager co-head Sheridan Admans is ignoring the noise around Neil Woodford’s short-term performance and upping his exposure to the mega manager’s equity income fund and Patient Capital trust.
GAM has announced that the Star Alternative Fixed Income fund will be renamed the Star Absolute Return Macro fund, following a change in the investment approach.
A former Schroders’ man has joined Brooks Macdonald amid sweeping changes to its senior team as it eyes further expansion for its investment team.
Wealth manager AFH has announced it has completed a £1.1m deal to take over a south-east advisory firm.
