Companies
Hansard grows despite dip in Middle East & Africa activity
Specialist long-term savings provider Hansard Global has continued to grow on a year-on-year basis despite a halt in new business expansion from the Middle East and Africa region in the fourth quarter.
SJP’s adviser ranks grow as funds under management hit £83bn
Adviser numbers continue to rise at St James’s Place, as funds under management hit £83bn ($108.3bn, €92.9bn) and it revealed plans to launch a growth fund in another sign that it will take more than negative headlines to dent the firm’s market share.
Analysis – Under fire SJP, still no easy target for rivals
St James’s Place Wealth has suffered another week of grim headlines about its advice model, but for rival IFAs and restricted advisers to win business and clients off what is arguably the market leader is easier said than done.
PEOPLE MOVES: Lombard Odier, J O Hambro, PPF
Lombard Odier’s global chief investment officer has announced his retirement, while J O Hambro has hired two sales managers. Meanwhile, the boss of the Pension Protection Fund is to leave after nine years at the helm of the UK’s pensions lifeboat.
Hong Kong’s Mason plans acquisitions for wealth unit launch
Hong Kong financial company Mason Group Holdings has announced plans to build an offshore wealth management business with at least $3bn (£2.3bn, €2.5bn) in assets from the ground up through a series of acquisitions.