Cazenove hires senior portfolio director
Cazenove Capital has appointed Matthew Taylor as a senior portfolio director in the UK private wealth team.
News
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Bellpenny and Ascot Lloyd merge to create mega wealth manager
Bellpenny and Ascot Lloyd have completed a merger to create a financial planning company with £6bn of funds under management.
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Volatility spikes and bonds sell off on central banks’ hawkish sentiment
Volatility spiked and European bonds sold off heavily during a week in which markets were caught short by the European Central Bank’s hint at tapering monetary policy.
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FCA delays RDR review; M&G chief named panel chair
The Financial Conduct Authority (FCA) is delaying the post-implementation review of the Retail Distribution Review (RDR) and will combine it with the Financial Advice Market Review (FMAR) in 2019.
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Kames’ Edwardson: ‘Still life in alternatives despite bubble fears’
Alternative investments from aircraft leasing to renewable energy are still an attractive option for multi-asset funds, despite fears the asset class is approaching bubble territory.
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Finance is worst offender in pay-gap controversy
The pay gap between genders is the largest in the financial services industry, according to data from salary-benchmarking site Emolument.
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Moody’s: Trouble ahead for asset managers despite AUM growth
Schroders saw the largest increase in AUM out of 22 European asset managers last year according to a survey from Moody’s, but the ratings agency believes industry troubles are brewing.
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Matthew Butcher leaves Neptune as wealth business plan dropped
Matthew Butcher has left Neptune Investment Management as the firm revealed it has abandoned plans to launch its own wealth management business.
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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.
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DeVere and Pacific AM team up for model portfolio launch
International advisory firm deVere Group has launched a model portfolio service (MPS) in association with Pacific Asset Management.
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JPMAM promotes Malcolm Smith to lead International Equity group
JP Morgan Asset Management has appointed Malcolm Smith to lead its newly-formed International Equity group.
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Nucleus slashes platform fee for wealthy clients
Nucleus is set to slash costs for high-value clients on its platform to meet demands for a “more competitive structure” for large portfolios.
