Beaufort IM hires ex-Brewin man as investment manager
Beaufort Investment Management has appointed Peter Cousins to the role of investment manager.
News
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Axa launches global short duration fund
Axa Investment Managers (Axa IM) has launched the Global Short Duration Bond fund.
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Caddick: Failing on Mifid II ‘not an option’
Fund groups are still not fully prepared for the introduction of Mifid II despite that not being ready is “not an option”, Santander Asset Management’s Tom Caddick has said.
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Investec W&I rakes in £1.2bn of inflows
Investec Wealth & Investment (IW&I) grew funds under management (FUM) for the year ended 31 March 2017 to £54.8bn, buoyed by the rally in equity markets post-US election.
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HL chairman Evans to step down
Mike Evans, chairman of Hargreaves Lansdown, has announced he will be stepping down as soon as a successor has been identified.
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London-based DFM goes into administration
London-based discretionary manager Strand Capital has gone into administration, impacting around 3000 customers.
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Mifid II: What you need to know
The new Mifid II regulation casts a wide net in terms of the investment companies and professionals it impacts. FE unpacks the biggest changes and what they mean for managers and advisers.
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PA ANALYSIS: Lloyds free from government shackles but still chained by Brexit
Lloyds may have paid back its debt to the UK government but its future is still chained to the Brexit outcome.
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Millionaire investors short-termist due to ‘information overload’
More than two-thirds of high-net worth investors say they suffer from ‘information overload’ and admit being easily distracted by short-term developments in politics and the economy.
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Lloyds, L&G and Aviva get Woodford seal of approval
Legal and General, Lloyds Banking Group and Aviva are among Neil Woodford’s top holdings in his newly launched Income Focus Fund, marking some of his first financial plays in 14 years.
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Unemployment hits 40-year low but wage growth stalls
The UK unemployment rate has hit a 40-year low, but a continued squeeze on wages has raised concerns households could soon feel the pinch as new figures revealed falling real wages.
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Brewin Dolphin sees record inflows; talks low cost advice
Brewin Dolphin reported record inflows of £1.1bn into its discretionary funds over the last six months as it completed the acquisition of Duncan Lawrie Asset Management.
