A surprisingly quiet week for ETF launches this week but one that saw both crypto, the future of the internet and ESG represented.
Cameron Crees, Associate in Collyer Bristow’s trusts, tax and estate planning team writes that, for centuries, trusts have been a key way that assets can be ringfenced and passed to beneficiaries in a controlled manner, often with a specified purpose.
It was a busy week for ETF launches with a wide variety of sectors covered, and geographies with launches in Brazil, Taiwan and Singapore.
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.