Janus Henderson adds to multi-asset fund team
Dean Cheeseman will join the multi-asset team as a fund manager at Janus Henderson Investors it has been announced.
Dean Cheeseman will join the multi-asset team as a fund manager at Janus Henderson Investors it has been announced.
MetLife UK is closing its range of third-way “wealth management” retirement products to new business citing the ongoing low interest rate environment.
Neptune’s US Opportunities fund has lost its third manager in just 14 months with the departure of Robin Milway from the boutique.
The UK trade balance deteriorated significantly in the three months to May 2017 widening from £6.9bn to £8.9bn according to the Office for National Statistics.
Cash management specialist Savings Champion has issued a guide urging consumers to quiz their wealth managers about the service provided and the charges involved.
FCA chief executive Andrew Bailey took home a total pay packet of £449,000 in 2016/17 according to the regulator’s annual report and accounts.
UK households are seeing their disposable income fall at its fastest level since 2011 as inflation bites. Yet investors are doing much better as the low value of sterling underpins stock markets and increases the income from overseas investments.
The chief executive of the Financial Conduct Authority Andrew Bailey has questioned whether financial firms should have to move owing to Brexit, adding that “authorities” should not dictate where financial firms are based.
Risk averse high-net worth investors are losing out on significant returns, as more than a third of the average portfolio is held in cash new analysis by UBS has revealed.
The Martin Currie Asia Unconstrained Trust has boosted its dividend yield to around 4.5%, with shareholders overwhelmingly backing a distribution from capital in a vote this week.
Asset manager Liontrust saw retail sales grow £177m in the second quarter of 2017 according to its latest trading update.
At a time when retail investors are piling into fixed income, City Financial’s head of multi asset Mark Harris has warned the bond bull market is essentially over.