The new regulation most asset managers do support
Asset managers have welcomed a new regulation which aims to tackle financial crime and money laundering in the industry, according to a survey by Lexis Nexis Risk Solutions.
News
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Policy and Brexit missteps threaten UK’s global business hub status
Political point scoring and a mishandled Brexit threaten to derail the UK’s upper hand as a globally competitive country, a status it has maintained despite heightened political uncertainty.
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IA’s decision to drop new sector plans “disappointing”
The Investment Association’s decision to drop its idea to launch a new mid-cap sector for funds has been branded “disappointing” by fund pickers.
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Fulcrum appoints investment director
Fulcrum Asset Management has hired Graham Neilson as investment director.
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Manulife’s Langridge: EM investors should fear repeat FANG sell-off
Another sell-off in FANG stocks could have significant repercussions for emerging markets, said Kathryn Langridge of Manulife Asset Management.
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Less than ‘ethical’ funds named and shamed
A hub providing ‘impact investing’ research for advisers has launched a review to name and shame ethical funds with less than squeaky clean portfolios.
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Brexit: Five charts to show how the vote has hit investors
One year on from the shock of the Brexit referendum and the UK’s decision to leave the EU, we delve into the data to find out exactly how the result has hit investments.
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PIMFA chairman: ‘We must ensure regulatory impact is proportionate’
The incoming chairman of a newly merged trade body for wealth managers and advisers has pledged to fight the industry’s corner in talks with the government and regulators.
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European Wealth debt free as it sells 48% stake
European Wealth has sold a 48% stake in its business in a £8.8m fundraising, leaving the firm debt free for the first time in its history.
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Aberdeen: Embrace alternatives or miss out on returns
Aberdeen Asset Management has warned that investors face lower returns over the next 10 years if they do not start to embrace alternative asset classes.
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Axa’s Thomas: ‘I had a cr*p year’
Axa’s Nigel Thomas has admitted that 2016 was one of the worst years of his career in terms of his funds’ relative performance.
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Kames absolute return manager to step down
David Griffiths, co-manager of the Kames UK Equity Absolute Return, Equity Market Neutral and Kames Market Neutral Plus funds, is to leave the firm at the end of July for family reasons.
