UK savers put GBP4.7 billion into retail funds in May 2020 building on the positive fund flows in April, according to latest figures published today by the Investment Association (IA).
After the mother of all market selloffs in March and the mother of all market rebounds in April, it is long overdue to survey the debris that some investors might mistake for a well-constructed portfolio. As an income investor one should really ‘beware the Ides of March’ and in this article I will review four sources of income and the risks that come with that territory.
Adam Laird (pictured), formerly of Lyxor and Hargreaves Lansdown, and ex-ETF chair of The Investment Association, has launched Ards Ventures, a consolidator of actively managed fund managers.
We’ve long held the view that in the next market downturn, somewhere down the line ETFs would be vilified. And that happened, initially, with headlines noting: wild swings in premiums/discounts; illusion of liquidity; exacerbating volatility. But after the initial hysteria and alarmist headlines, as calmer heads prevailed and market participants shared their truths, the tune changed, and ETFs emerged as a hero in troublesome times.
Deutsche Bank has combined its Wealth Management and Private & Commercial Business International (PCBI) units into a new International Private Bank, with a client base of well over three million private, wealth and commercial clients, and assets of EUR250 billion and revenue of EUR3 billion.
PIMFA, the trade association for the wealth management and financial advice industry, has welcomed the Financial Conduct Authority’s (FCA) announcement that it intends to make the ban on marketing of so-called mini bonds, introduced in January, permanent.
A new study by BackBay Communications has found that while family offices remain more discreet in their public-facing activities than traditional asset management firms, many leading family offices have begun to leverage marketing and public relations to create differentiation and build awareness in support of their investment and impact objectives.
This week has seen the launch of a new challenger wealth manager brand, Bowmore Wealth Group, which comprises Bowmore Financial Planning, formerly The Citimark Partnership, and Bowmore Asset Management.
Deutsche Bank is to combine its Wealth Management and Private & Commercial Business International units into a new International Private Bank, serving 3.4 million private, wealth and commercial clients.
Here at Wealth Adviser, we’re always looking for ways to better serve the thousands of wealth managers, service providers and investors who use our site regularly to keep abreast of the latest news and developments in the wealth management sector.
By Allan Lane (pictured), Algo-Chain – At Algo-Chain when re-balancing our Model Portfolios we have always been big advocates of using macro-economic data to help guide the asset allocation decision process, and central to that is the data provided by the Organisation for Economic Co-operation and Development, OECD.
By Simon Harryman, Senior Business Development Director at Ingenious – It is widely known that the UK’s population is ageing. In fact, by 2060, people will spend a third of their lives in retirement, according to AgeUK. While the prospect of a long and healthy retirement is of course appealing, unfortunately living longer brings its own challenges and a need to plan accordingly to optimise well-being.
