LDF two thirds down on target as
The Liechtenstein Disclosure Facility (LDF) has raised little over one third of its £3bn target yield with just over one year left until it is closed
IFAs pay 52m for Keydata failings
Financial advisers have so far paid £52m in damages for recommending products from failed life settlement provider, Keydata Investment Services.
Shareholders approve Standard Financial buyout
Shareholders have unanimously approved Tavistock Investments’ acquisition of Standard Financial Group, merging to form one of the biggest advisory networks in the UK.
Big investors bullish on European stocks
There has been a massive shift in favour of eurozone equities by institutional investors in February, according to the latest fund manager survey by Bank of America Merrill Lynch.
Active share neither silver nor bullet shaped
Robin Geffen’s call for the Financial Conduct Authority to make the disclosure of active share mandatory is the latest shout in what is a growing clamour for better ways to provide evidence of what he refers to as ‘truly active’ management.