Some 1.3 million UK investors believe either that they are not on track with their financial plans or have been completely thrown off course due to the COVID-19 pandemic, suggests a new study by Capital Group, one of the largest and most experienced investment companies in the world, with assets under management of GBP2.6 trillion.
A new finance bridging product claims that it will rescue beneficiaries from the headache and heartache of having to pay huge IHT bills before receiving their inheritance.
The European Fund and Asset Management Association (EFAMA) has today released its latest Market Insights report, Perspective on the costs of UCITS. The full report breaks down the costs of UCITS, focusing on the fees charged for the different services provided along the investment fund value chain and distinguishing between the product cost for which fund managers are directly responsible, and the total cost of ownership borne by consumers, which includes the product cost as well as the costs of distribution and advice.
Despite the turmoil brought on by the Covid-19 pandemic, family-owned enterprises have managed to stay resilient. The world's largest 500 family businesses generated USD7.28 trillion in revenues, employing 24.1 million people across 45 jurisdictions. These and other findings were published today in the 2021 EY and University of St. Gallen Family Business Index which reveals how the largest family-owned businesses have responded to the recent turbulence in the global economy.
iM Global Partner, a global asset management network, today announced it has expanded its US-based product offering by acquiring a strategic non-controlling stake of 42 per cent in Asset Preservation Advisors (APA), a leading independent investment advisor specialised in managing high quality tax-exempt and taxable municipal bond portfolios for registered investment advisors, family wealth offices, financial advisors, and institutional clients.
New research from behavioural finance experts Oxford Risk reveals nearly four out of 10 people (38 per cent) claim to have more cash in their current and savings accounts than they would normally have because they have spent less during the Coronavirus crisis.
Tilney Smith & Williamson, the wealth management and professional services group, is this month marking its first anniversary having completed the merger of Tilney and Smith & Williamson 12 months ago on 1 September 2020.
The online investment service, Wealthify, has announced its latest partnership with wealth management firm, LGT Vestra.
Over two-thirds of advisers are worried about the reputational risks of greenwashing and a potential backlash if they recommend products that are later accused of ‘greenwashing’, new research from Boring Money shows.
Wealth management and investment services trade association PIMFA has announced that registrations for its new ESG Academy for wealth managers - an online training platform built specially to equip them with the latest ESG knowledge and insights and empower better client conversations - is now open.