FCA drops Mifid II bombshell on brokers
Mifid II rules on payment for research could extend to sales and trading roles, the Financial Conduct Authority (FCA) has warned.
News
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The 10 bestselling funds in October
Which funds were investors’ favourites during a month that has a reputation to be the most volatile? Portfolio Adviser looks at The Share Centre’s statistics to see which vehicles were the most traded in October.
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Why Miton’s Jane thinks it really could be different this time
This time it really could be different for markets according to Miton’s multi-asset manager David Jane, who argues investors are in for long-periods of low volatility rather than boom and bust.
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Barnett: Short-term pessimism clouding investors’ judgment
Stock markets have become overly sensitive to profit warnings from UK domestic companies and overseas earners, argues Invesco Perpetual’s Mark Barnett, but many of these firms are in much better shape than investors give them credit for.
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Exploiting Inefficiencies In Frontier Markets
T. Rowe Price’s Frontier Markets team explains why their boots-on-the-ground approach is critical to identifying opportunities in this under-researched asset class.
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AJ Bell continues hiring spree
AJ Bell has strengthened its investment team with the appointment of Simon Molica as fund manager.
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Capita Financial Managers fined £66m for fund failure
Capita Financial Managers (CFM) has been ordered to repay investors £66m after one of its low-risk funds went into liquidation.
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Soros man boosts GAM’s absolute return team
GAM has appointed Owen Job as investment manager in its absolute return fixed income team.
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M&G confirms double veteran departure
M&G veteran fund manager Richard Hughes is to retire in March next year, while Aled Smith is stepping down from running the M&G Global Leaders Fund in April.
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JOHCM under FCA investigation over dealing commissions
JO Hambro Capital Management (JOHCM) is under investigation by the Financial Conduct Authority (FCA) for about AUS$8.6m of services paid for out of dealing commissions over the course of a decade.
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RLAM expands equity team as Mitchell retires
Royal London Asset Management (RLAM) has expanded its equity team with two hires to replace fund manager Derek Mitchell who has decided to retire after 30 years in the industry.
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Coram reveals rebrand and MPS launch
Coram Asset Management taken on a new name, MitonOptimal (UK), and announced the launch of a model portfolio service following its acquisition of Minerva Fund Managers earlier this year.
