News
Fixed Income | news 16 Jul 18
Royal London AM targets IFAs and 5% with income bond fund
Looking to exploit the inefficiencies inherent in credit markets, Royal London Asset Management will launch a monthly income bond fund later this year aimed at advisers and targeting an income of 5%.
Blackrock and Schroders frontrunners for £109bn Lloyds mandate
Asset managers Blackrock and Schroders are the rumoured frontrunners to oversee £109bn ($144.3bn, €123.5bn) for Lloyd’s Banking Group (LBG), after its contract with Standard Life Aberdeen was terminated earlier this year.
Tax & Technical | news 16 Jul 18
Global uncertainty outweighs Brexit for wealthy
A 46% increase in investor visas last year strongly suggests that Brexit has not put the wealthy off moving to the UK.
Taking a hedge fund mentality to online wealth management
Negativity around robo and investment technology a few years ago prompted former hedge fund executives Ian Cadby and Jonathan Wauton to get into the online wealth management space, culminating in the launch of platform Tiller on Monday.
Bank of Singapore to open Luxembourg wealth manager
The private banking arm of OCBC Bank has received regulatory approval to launch a wealth management subsidiary in Luxembourg.