Latest News - James Phillipps
Fidelity to let staff and clients use bitcoin
Fidelity Investments is to allow both its own staff and clients to use bitcoin in a sign of the growing acceptance of the crypto-currency.
US firm sues Barclays for £1.6bn over PPI misselling
Barclays is being sued for £1.6 billion in damages for payment protection insurance (PPI) misselling by a US credit card company that bought a sub-prime lending business from the bank in 2007.
Smith & Williamson to launch artificial intelligence equity fund
Smith & Williamson is launching a global thematic equity fund looking to tap into the rise of artificial intelligence (AI).
Old Mutual Wealth slams May’s social care U-turn
Old Mutual Wealth has slammed Theresa May’s social care U-turn, saying the issue requires a proper long-term policy, not one ‘allowed to chop and change with the political current’.
Wealth boutique to launch online investment service
TAM Asset Management is launching an online investment service designed to help IFAs cater for smaller and uneconomic clients.
Investec Wealth & Investment sees £1.2bn inflows in Q1
Investec saw £1.2 billion net inflows into its Wealth & Investment (W&I) division in the first quarter, while its asset management business saw profits surge by 22.3% to £164.8 million.
Hargreaves Lansdown chairman to step down
Hargreaves Lansdown chairman Mike Evans is to step down as chairman when the group’s nomination committee has identified a successor.
Wealth firm enters special administration
Wealth boutique Strand Capital has entered into special administration.
Unicorn's Hutchinson: the outstanding stocks I'm banking on
Unicorn Outstanding British Companies (OBC) manager Chris Hutchinson is confident that the fund’s ‘uncomfortable’ recent period of underperformance will turn around when the market wobbles.
Profile: meet the Sanlam duo taking the fight to SJP
Two recent hirees have been charged with melding the business into an all-singing, all-dancing vertically integrated machine
IBT's Craig on the Trump impact for biotech
Ailsa Craig of the International Biotechnology trust highlights the M&A activity seen in the biotechnology sector this year.
Data science and active managers: a match made in heaven?
Making good investment decisions is dependent on having quality information, which is increasingly becoming subject to creating powerful algorithms.
10 years on: the smartphone and Mifid II evolution
Adam Phones mobile head Alex Phillips explores how smartphones have impacted Mifid as both celebrate their 10-year anniversaries.
Changing fees: What is the best way to charge clients?
Before buying anything, it is only natural to want to know how much exactly it is going to cost, so why should this not be the case in wealth management as well?