News by: Rachael Revesz
Markets
LGIM hires head of asset allocation
Legal & General Investment Management (LGIM) has appointed Emiel van den Heiligenberg as head of asset allocation.
Adviser KnowHow: How to network with other advisers
It has never been more important to network with your peers, either to learn and pick up tips along the way or to improve your own proposition. Adviser and ex-RAF Susan Hill of Susan Hill Financial Planning, provides tips on what methods you can use to make the most of your peer relationships.
Investment trusts activists: catalysts for good or short-term profiteers?
Activist investing can offer opportunities for investors, but some complain it is an example of short-termism.
Smith-Maxwell recovers Jupiter Merlin’s Japan weighting
Jupiter Merlin funds co-manager Algy Smith-Maxwell admits cutting back on Japan was wrong and has rebuilt his exposure to the country after missing out on most of the rally.
EISs set for last-minute reprieve from regulator’s Ucis clampdown
Enterprise investment schemes (EISs) will not come under the Financial Conduct Authority’s (FCA) impending ban on the retail sale of unregulated collective investment schemes (Ucis), New Model Adviser® understands.
Government scraps rebate tax for overseas investors
The government is scrapping rebate taxes for overseas investors as part of its bid to boost the competitiveness of asset management in the UK.
Structured products: Old disclaimers won’t wash when explaining risks
Communicating to clients the risks involved in investing in structured products means going beyond simplistic explanations, say advisers like Keith Butten and Martin Bamford.
Boag backs London despite disquiet on rents volatility
Robert Boag, manager of the £883 million UK Commercial Property Trust, spots some tentative signs of improvement in the UK property market this year.
Tenet scraps five-day Twitter checks with new social media policy
Tenet has introduced a new social media policy so that its members do not have to wait five days for approval before posting on Facebook.
Heron House initiates exchange programme with investment firm
Heron House Financial Management plans to send an in-house paraplanner on a month-long exchange to an investment firm to gain a broader industry experience.
Alliance Trust to close US and European equity funds
Alliance Trust Investments will close the £77 million Alliance Trust North American Equity fund and the £59 million Alliance Trust European Equity funds at the end of June as part of its strategic review.
Five risks to beware in the tactical game of investing
Leading multi-managers flag up risks investors should be wary of, including the risk of a bursting bond bubble and overpriced ‘safe haven’ assets.
Outsourcing Investment: Why Protect & Invest uses Standard Life Wealth
Michael Roberts, director of Newbury-based Protect & Invest, uses Standard Life Wealth for its dynamic investment style and quality customer service.
Godfrey tackles charges to win over investors
Investment Management Association chief executive Daniel Godfrey is taking on the challenge of showing investors how fund manager charges affect their returns
Caple Banks hires young apprentice as a client champion
Caple Banks, the Bristol-based wealth manager, is taking on a 19-year-old apprentice as a client champion.
Regulatory row is brewing over structured product complexity
Providers defend structured investments after FCA chief Martin Wheatley’s criticism of ‘complex’ products raises fears that a regulatory crackdown could be in the offing.
RDR hits sales of funds, report claims
Inflows to retail funds have been hit by the RDR, according to a report by Helen Pridham.
Albert Goodman reaches out to business owners
Weston-super-Mare-based Albert Goodman has set up a new division that will specialise in advising business owners.
Claims firm Rebus hires former FOS adjudicator
Claims management firm Rebus has hired a former Financial Ombudsman Service adjudicator as it looks to build a team specialising in alternative investments.
Lloyds to shed another 850 jobs in latest round of cuts
Lloyds Banking Group is to shed a further 850 jobs in the latest rounds of cuts at the bank.