Industry
Profiles & Comment | 12 Aug 16
SJP’s Ralph on acquisitions, opportunities and vertical challenges
Fresh from an acquisition spree in the UK, wealth manager St James’s Place is taking its pioneering business model east in its next phase of growth.
Demand for income security sees MetLife’s AUM hit £5bn
Strong demand from advisers for innovation in retirement and investment solutions has seen MetLife’s assets under management pass £5bn ($6.5bn, €5.8bn), the company said on Friday.
Tax & Regulation | 12 Aug 16
Jersey IFA investigated for selling Providence Investment Funds
Jersey’s financial services regulator has launched an investigation into the sale of the Providence Investment Funds to clients of Jersey-based independent financial adviser firm Lumiere Wealth.
North America | 11 Aug 16
SEC charges former pro US footballer over $10m Ponzi scheme
A former professional American football player has been charged by the US Securities and Exchange Commission for running a $10m (£7.7m, €9m) investment fraud that promised returns as high as 20%.
People Moves | 11 Aug 16
PEOPLE MOVES: Schroders, Old Mutual, Royal London
Schroders has appointed a head of investment trusts for its UK intermediary business, while three non-executive directors at Old Mutual Wealth are to step down. Royal London Asset Management has added four to its global high yield team.