News
Nucleus to float on London’s AIM in July
Platform provider Nucleus will float on the London Stock Exchange’s Alternative Investment Market (Aim) later this month, in a deal that is expected to value the business at £150m ($198m, €169m).
Investment | news 2 Jul 18
Artificial Intelligence disappoints when markets fall
Malaysia-based asset manager Farringdon Group has shelved plans to launch an artificial intelligence investment strategy after the performance disappointed.
Sipp complaints help push UK compensation to £405m
Customers of failed financial services firms received £405m (€458m, $530m) in compensation from the Financial Services Compensation Scheme (FSCS) in 2017/18, in part driven by a rise in Sipp complaints.
Advisers join asset manager KID reform push
International advisers have joined European fund managers in a call to reform key information documents for packaged retail and insurance-based investment products – six months into implementation.
AILO chief to bow out of ‘dynamic industry’ after 47 years
Alan Morgan-Moodie is to retire as chief executive of the Association of International Life Offices (Ailo), a post he has held since 2010.