Old Mutual Asset Management chief steps down
Peter Bain has today stepped down as chief executive of Old Mutual Asset Management, the firm has announced.
Peter Bain has today stepped down as chief executive of Old Mutual Asset Management, the firm has announced.
International advisory firm deVere Group has launched a model portfolio service (MPS) in association with Pacific Asset Management.
JP Morgan Asset Management has appointed Malcolm Smith to lead its newly-formed International Equity group.
Nucleus is set to slash costs for high-value clients on its platform to meet demands for a “more competitive structure” for large portfolios.
Wealth managers have proven their resilience in the face of a tough environment as private client assets reached record-breaking levels in 2016, according to new research by Compeer.
More than half of the S&P 500 will be owned by passive investment strategies within the next 12 months, Fidelity’s Dominic Rossi believes.
The FCA has delayed the introduction of new rules for firms selling contract for difference products in the UK.
FCA chief Andrew Bailey has outlined the regulator’s three-pronged approach to supervising the “difficult but always fascinating” retail banking industry.
Mark Carney’s hint that UK interest rates could rise sooner rather than later sparked a surge in the price of sterling on Wednesday afternoon.
Investors could see fund costs soar by £27.7m a year as asset managers pass on the expensive burden of satisfying new FCA regulations.
The FCA has finally released its full report into the asset management industry following a year-long review of the market – but what do its proposed remedies mean for funds?
Deutsche Bank Wealth Management has appointed the former chief executive of Coutts & Co to lead its UK business.