Investment
IFA banned after bad advice costs pension savers £24m
Clients invested in ‘high-risk’, ‘relatively illiquid’ and ‘unregulated’ schemes
Ex-cricketer joins industry duo to set up DFM firm
Company will specialise in financial planning, advice and discretionary investment management
2.3 million Brits now hold cryptoassets
But only 7% of IFAs would recommend their clients invest in digital currencies
Alternatives | 16 Jun 21
HSBC Asset Management creates £38bn alternatives business unit
It is the ‘next step in its strategy to reposition’ the firm
Look to India and China for uncorrelated assets
With a gain of 6.1% – the MSCI India Index was the top performer in May