Confused advisers at risk as DFM ‘outsourcing’ grows
Despite the growing trend toward the use of discretionary managers to handle some or all of the investment portion of advice, a large number of advisers remain unclear about where the responsibility for investment suitability lies.
Cash pours into ETFs in Q1, Europe inflows gather pace
New money poured into the world’s exchange traded funds and products (ETFs/ETPs) during the first quarter of 2015 with Europe’s share gathering pace as the European Central Bank started its quantitative easing programme.
Woodford’s Patient Capital is UK biggest fund launch
Neil Woodford’s Patient Capital Trust, the second fund from the star manager’s company, is the largest ever UK investment company launch, according to the Association of Investment Companies (AIC).
People Moves | 22 Apr 15
Liontrust poach F&C global team to gain “key diversification”
Liontrust has hired a global equity team from BMO Global Asset Management in an effort to help meet growing demand for alternative investments.
BlackRock appoints Izawa as Japan head
BlackRock has appointed Yoshiyuki Izawa as chairman and country head of Japan.