Ian Macoun, MD of Pinnacle Investment Management, believes in the benefits of investing with boutique managers and the benefits to PM’s of setting up their own company with institutional level support.
AJ Bell has commented on the news that NS&I has boosted its projected prize rate from 1.4 per cent to 2.2 per cent, with the odds of winning a prize riseing slightly from 1 in 24,500 to 1 in 24,000.
Alex Davies, CEO and Founder of Wealth Club has found the good points in the mini-budget, noting that both the VCT and EIS schemes will be extended.
Elston Consulting has announced the launch of five inflation-adapted portfolios available for licensing. Celebrating its 10-year anniversary, Elston is also expanding the business with the addition of two senior professionals to the team.
Royal Bank of Canada has announced that it has completed the acquisition of Brewin Dolphin Holdings PLC. Brewin Dolphin will now operate as ‘RBC Brewin Dolphin’, as part of RBC, and will continue to be led by CEO, Robin Beer.
St. James’s Place will merge four of its UK equity income funds – the Allshare Income, Equity Income, UK Income, and UK and International Income funds – to create a GBP4.3 billion UK Equity Income fund.
London-based Sparrows Capital has teamed up with the P1 Platform to provide its SCore model portfolios to users of the platform and to introduce existing users where appropriate.
New research from ETP provider GraniteShares shows the UK’s cost of living crisis is putting the squeeze on share trading with investors cutting back or stopping to save cash.
Evelyn Partners, the wealth management and professional services group created from the merger of Tilney and Smith & Williamson, has announced that it has acquired the investment management business of Arena Wealth.
eToro has announced the introduction of ESG scores for over 2,700 stocks on its platform, a move it describes as enabling its users to consider ESG factors when building their portfolios.