Don’t mistake equities’ current sanguine run for real strength
Investors should not rest too comfortably on the relative calm with which equity markets have greeted both the UK’s EU referendum and the election of Donald Trump to the US presidency warns Guy Stephens.
Best Practice | 24 Nov 16
OMI launches ‘better products’ drive for international advisers
Old Mutual International (OMI) has launched a new initiative to provide international advisers and clients with access to structured products which must meet set criteria on transparency, simplicity and value, the Anglo-South African insurer said in a statement.
PEOPLE MOVES: BlackRock, Lombard Odier, Moore Stephens
After 11 months of musical chairs, things quietened down this week. A BlackRock veteran is to depart the company and possibly the industry. Lombard Odier has appointed a head of independent asset managers, while Moore Stephens has named a chief executive for Jersey.
Standard Life confirms Elevate staying a standalone platform
Standard Life has confirmed that Elevate will continue as a distinct platform after months of speculation that it could be combined with the investment firm’s Wrap proposition.
Charles Taylor agrees to buy Zurich’s closed book
Isle of Man-based Charles Taylor has agreed to buy one of Zurich’s closed book of international life assurance business as well as Allied Dunbar International Fund Managers.