Refinitiv Lipper’s fund flow report for December finds that long-term mutual funds (+EUR718.9 billion) posted net inflows for 2021 overall.
UBS and Wealthfront, an automated wealth management provider serving the next generation of investors, have signed an agreement whereby UBS will acquire Wealthfront in an all-cash transaction valued at USD1.4 billion.
A new initiative from IQ-EQ is designed to support women to launch and grow their first funds.
Smith & Williamson, part of wealth management and professional services group Tilney Smith & Williamson, has agreed a year-long partnership with Innovate Finance to provide its members with professional and financial services insights to help them grow and develop their businesses.
Bestinvest has announced that it is set to reinvent online investing with the introduction of free coaching, affordable advice, low-cost ready-made portfolios and sophisticated digital tools – on top of other improvements to its award-winning DIY investment platform.
Philippa Aylmer writes that with UK assets looking attractive relative to the rest of the world and the end of the Omicron wave in sight, it might be easy to dismiss ‘partygate’. However, Stuart Clark, portfolio manager at Quilter Investors warns investors to expect increased volatility in 2022.
Dr Greg B Davies, Head of Behavioural Finance, Oxford Risk writes that the right level of risk for an investor to take depends, to some extent, on that investor’s balance sheet. The more an investor relies on investments to fund their life, the lower their capacity to take risk with that portfolio.
RWC Partners has today changed its operating brand to ‘Redwheel’, marking, it says, the next stage of its development as a specialist, independent investment organisation.
The UK’s December CPI figure of 5.4 per cent for the year was higher than expected and reminded Paul Craig, portfolio manager at Quilter Investors of the situation 30 years ago.
New data from eToro reveals that DIY investors are pessimistic about the outlook for the global economy amid signs that the recovery is slowing in many major economies.