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Donald Trump

UK advisers to recruit as more pass £1m income barrier

Platforms | 23 Jan 17

UK advisers to recruit as more pass £1m income barrier

A third of UK advice firms reported annual income of more than £1m ($1.23m, €1.16m) in 2016, with nearly half of all firms planning to recruit in 2017, according to a survey from insurance giant Aviva.

Trump’s treasury pick fails to disclose $100m in assets

North America | 20 Jan 17

Trump’s treasury pick fails to disclose $100m in assets

Donald Trump’s nominee for treasury secretary, Steven Mnuchin, failed to disclose nearly $100m (£81.3m, €94m) of his assets to the Senate Finance Committee and neglected to mention his role as a director of an investment fund located in the Cayman Islands.

International Adviser

Asia | 20 Jan 17

Impax AM sees Asia environmental opportunities

Impax Asset Management can see opportunities in Asia but the lack of clarity on environmental issues from the new US president means a growth outlook for environment-themed investing is difficult, said Ian Simm, Impax Asset Management’s London-based chief executive.

Challenging short termism among investors

Investment | 16 Jan 17

Challenging short termism among investors

After a year of political surprises, and more bumps in the road to come, Investec Wealth & Investment’s Chris Hill is gearing up his portfolios to take advantage of the inevitable market wobbles.

US fiduciary rule critic Scaramucci named in new Trump role

North America | 13 Jan 17

US fiduciary rule critic Scaramucci named in new Trump role

A leading critic of the Department of Labor’s (DoL) upcoming fiduciary rule, which will require pension advisers to act in the best interests of their clients, putting an end to high-commission investment products, has been named as an assistant to president-elect Donald Trump.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.