Investment
Eurazeo acquires French asset management boutique for €350m
The investment in Eres Group represents the 5th transaction for the ECV fund
Investment | 31 Jul 24
FCA restricts wealth manager amid some client fees exceeding 65% of portfolio value
The firm had also transferred £1.3m from its bank account throughout the FCA’s ongoing enquiries
Investment | 31 Jul 24
First Trust US Momentum UCITS ETF debuts on London Stock Exchange
Investors get exposure to the 180 largest companies traded in US markets that exhibit the strongest price momentum
Investment | 31 Jul 24
CFA Institute develops investment classification framework to better communicate index products
The new framework of indexing is along a spectrum of strategies beyond traditional market capitalization weighting
St James’s Place targets £500m cost cuts as FUM hits record £181.9bn
The aim is to achieve annual FUM growth in the ‘mid-to-high single’ digits over time