News
Alternatives | news 1 May 18
Fulcrum launches alternatives fund with ESG input
Fulcrum Asset Management has launched the Diversified Liquid Alternatives fund, which it said will have a significant ESG research input.
Law firm adds insurance and private wealth service
Law firm Ogier has launched an insurance and private wealth service in Luxembourg.
Providers to stump up 25% of advisers’ compensation bills
Despite some strong opposition, the UK financial regulator has released major plans to force providers to pay 25% of advisers’ Financial Services Compensation Scheme (FSCS) bills.
South Africa gets $14bn boost by avoiding junk status
Moody’s decision to not downgrade South Africa to junk status has saved the economy about £14bn in outflows from the local bond market, according to an expert from Morningstar.
Harwood WM makes second acquisition in a week
UK financial planning firm Harwood Wealth Management has made its third IFA acquisition of 2018 by acquiring Fund Management Limited for £1.13m ($1.5m, €1.2m).