News
Best Practice | news 2 Jun 16
Newly-qualified advisers want to work in NYC, says deVere
New York has been named as the destination of choice for young financial advisers looking to start their careers, according to a poll of its own graduates by the deVere Group.
Multi Asset | news 2 Jun 16
Greater DFM scrutiny needed – Nucleus
Scrutiny by financial advisers of outsourced discretionary funds managers needs to improve, according to UK-based wrap platform provider Nucleus.
Best Practice | news 2 Jun 16
Advisers losing faith in star managers, report says
The continued prevalence of star fund manager culture within the asset management industry has been called into question in a new report by fund data provider FE.
People Moves | news 2 Jun 16
PEOPLE MOVES: Columbia Threadneedle, Theam, RBC WM, Kames
Columbia Threadneedle hires a new director of the Middle East, while Theam, a BNP Paribas Investment Partners unit, names a head of ETFs and indexed funds. David Ennett leaves Standard Life Investments to join Kames Capital.
Middle East | news 2 Jun 16
Saudi Arabia invests $3.5bn in Uber
The Saudi Arabian Public Investment Fund (PIF), the kingdom’s long-term sovereign investment arm has invested $3.5bn (£2.4bn, €3.1bn) in the US-based online taxi service Uber, the Saudi press agency announced.