Companies
ETFs drive record inflows at Blackrock
Blackrock has reported record high net inflows for 2017, with $367bn (£269bn, €301bn) for the full year and more than $103bn in the final quarter alone, driven in part by a strong performance by iShares.
Best Practice | 12 Jan 18
All DB pension transfer firms face FCA grilling
The Financial Conduct Authority will collect data from every UK firm that advises on defined benefit (DB) pension transfers, as part of a probe into practices across the market.
Best Practice | 12 Jan 18
Retirement income expectations hit record high
People retiring in the UK in 2018 expect to live on an average annual income of £19,900 (€22,425, $26,888), the highest figure since the global financial crisis, according to research from Prudential.
PEOPLE MOVES: Primetime, Pinebridge, Kleinwort Hambros
A senior Prudential director has jumped ship to head up Primetime Retirement, while Pinebridge Investments has poached a State Street Global Advisors regional chief executive to become its chief operating officer and a series of senior changes has been announced at Kleinwort Hambros.
Assets break £50bn at Jupiter as net flows soar
Assets at Jupiter Asset Management soared past the £50bn mark in 2017, the firm’s latest trading update reveals.