Latest News - Yoosof Farah
US fund giant on brink of £400m Hermes buy
Federated Investors is reported to be close to a deal for Hermes, adding to the growing consolidation trend in the fund management and asset management market.
Fidelity reverses decision to bill clients for research
Wealth managers welcomed the move as Fidelity said it will absorb research costs after 'extensive' client discussions.
Vanguard pulled in more than $1bn a day in 2017
The passive giant attracted net inflows of $386 billion last year, taking it over the $5 trillion AUM mark.
UBS: Carney is no longer crying wolf on rate rises
UBS Wealth Management economist Dean Turner predicts 25bps base rate hike in November and further 25bps hike in May.
EIS days could be 'numbered' as Treasury plans crackdown
According to reports, the Treasury is looking at ways to stop high earners abusing tax relief offered by the Enterprise Investment Scheme.
FCA refuses to publish report into RBS's small business abuse
The regulator is at loggerheads with MPs on the Treasury select committee after they demanded the full report be published.
Train buys into 'entertainment product' Man Utd
Train bought Manchester United shares directly from the Glazers, the first holding in the Finsbury trust in two years.
45 ex-football stars sue advisers over film scheme
The group is among 122 HNW individuals suing Ingenious Media as well as financial advisers and banks linked to scheme.
Saunderson House changes pricing after discretionary wins
The firm will add an initial fee at inception for its discretionary service after signing up 144 new clients in the first half of 2017.
Tesco opens £85m compensation scheme for misled investors
The retail giant will reimburse shareholders and bondholders who said they invested under 'false or misleading terms'.
Ex-Partnership chief: I was in the dark about pension freedoms
Former Partnership chief executive Steve Groves has criticised the pension freedoms and revealed that, unlike others, he did not receive any prior warning of what was in the 2014 Budget.
Boutique tapes: if you want to get rich, work for Goldman Sachs
In the first edition of a four-part series, four boutique bosses reveal how they convince top fund managers to join them.
Adviser profile: Claire Phillips of First Wealth
Despite plans to cut client numbers in half this year, Claire Phillips says First Wealth is committed to closing the advice gap and improving financial education