JPMorgan Chase is to acquire Nutmeg, a UK-based independent digital wealth manager which serves over 140,000 investors and manages in excess of GBP3.5 billion in assets.
Ross Klein (pictured), Founder and Chief Investment Officer at Changebridge Capital, writes on the potential effects of a proposed tax law change in the US on ETFs.
An overwhelming majority of IFAs would never consider recommending cryptocurrencies (93 per cent) or meme stocks (95 per cent) to their clients, according to insight from Opinium.
Platform providers gear up to increase security but more than half still rely on the basics, finds NextWealth
Nearly half (45 per cent) of UK investment platforms have introduced either two factor authentication (2FA) or multi-factor authentication (MFA) finds research by NextWealth.
Moneyfacts UK Savings Trends Treasury Report data, to be published this week, reveals that average rates across the savings spectrum (both variable and fixed) have not reduced month-on-month for the first time since October 2020. The stabilisation in the market is great news for savers and choice has continued to rise this month, and is now close to levels seen at the start of this year.
Advisor Group, a US network of independent wealth management firms, has recruited five independent wealth management firms that collectively oversee USD331 million in total client assets to its platform.
Vitality has launched a new EnVIRO fund range, a ready-made investment solution that integrates environmental, social and governance considerations (ESG), making it easier for advisers to offer their clients a way to invest in a more sustainable future.
Adapting to manage the needs of younger clients is a concern for over a quarter (26 per cent) of financial advisers, according to a new survey by investment manager, PortfolioMetrix.
New research has revealed that 84 per cent of investors believe that cryptocurrency is still a riskier form of investing than other methods, with nine in 10 traders favouring stocks to cryptocurrency. The platform has also revealed the key stocks that react to the movements of cryptocurrency including Coinbase and MicroStrategy.
Young people that fail to save into a pension because of the Covid crisis could miss out on thousands in savings by retirement age
Purely Pensions, a specialist in pension advice, complex retirement planning and defined benefit transfer advice, has uncovered that many young people starting work in the wake of the crisis who may have chosen not to begin saving towards their pension, could miss out on tens of thousands in savings by the time they reach retirement age.
Environment, social and governance (ESG) factors are playing an increasingly important role in the decisions of UK investors, new research by Butterfield Mortgages Limited (BML) has found.
The vast majority of financial advisers (81 per cent) expect their level of net AUM to increase over the next 12 months according to a survey carried out by Quilter Financial Planning.