The group chief executive of Guernsey-based European Wealth, John Morton, has decided to leave the company a week after announcing he would be taking an indefinite leave of absence and the company reported a loss for the first half of 2017.
In a surprising turn of events, the Office for National Statistics reported that August retail sales in the UK delivered strong volume growth against the odds.
Smith & Williamson has strengthened its outsourced investment services team with the hire of Matthew Finch from Barings.
Investors are less confident in the UK now than they were in the aftermath of the Brexit vote or the UK snap election, according to the latest reading from the Lloyds Private Bank Investor Sentiment Index (LPBIS).
Alliance Bernstein (AB) has forged a distribution partnership with Raymond James’ UK wealth management arm, allowing clients to access nine strategies on its platform.
The S&P 500 just keeps setting new all-time highs, but the rally could soon reverse since it’s driven increasingly by technology stocks alone.
M&G wants to change the name and investment policy of its £2.1bn M&G Global Basics fund so that it can invest beyond just ‘basic economies’.
The Financial Conduct Authority has called on the government to come up with a solution to Britain's dangerous ballooning consumer debt problem.
Fears the globe is coming to the end of an eight-year bull market are based on a complete misconception according to former Neptune fund manager, Felix Wintle.
Candriam has expanded its fixed income range with the launch of a total return defensive bond fund.
A benchmark study from the Diversity Project has found that racial diversity remains one of the biggest issues facing the asset management industry.
The European Central Bank (ECB) will begin unwinding its monetary stimulus programme this year but investors shouldn’t expect a rate hike until at least 2019, according to analysts at Lyxor Asset Management.
SVM Asset Management has announced it will take on the cost of external research under Mifid II rules next year.
The Treasury has threatened to clampdown on a tax-relief system encouraging the wealthy to invest in start-up firms over fears investors are abusing the system.
Terry Smith is set to launch a fund with a focus on sustainable investing, according to an update on the Financial Conduct Authority register.
GAM has hired former Artemis partner Adrian Gosden as an investment director to manage a UK equity income fund it will launch later this year.
The US remains the best dividend market in the world “by a mile” and yield opportunities still exist despite high valuations, M&G’s Stuart Rhodes believes.
Schroders, Janus Henderson and Invesco have backtracked on a decision to pass the cost of external research onto clients once Mifid II comes into force next year.
Political talk has cast a shadow over biotech stock prices. And yet the sector has...