Managed funds

Flicking through Helena Morrissey's CV, it would be difficult for even the biggest overachievers not to be intimidated.

Discretionary fund manager Saltus Fund Management has bought Altrincham-based wealth manager Mercater Capital Management for an undisclosed sum.

Barclays' wealth arm is being challenged to show its post-RDR proposals have been given the go-ahead by the FSA, Investment Week understands.

Santander multi-managers Tom Caddick (pictured) and Toby Vaughan have invested in a UK equity income fund using their UK equity weighting for the first time.

Execution-only (EO) businesses such as Hargreaves Lansdown have achieved much higher profit growth over the past five years than peers solely operating in the wealth management and private bank space, a study has revealed.

PROFILE

MULTI-MANAGERS

MAM Funds' Simon Callow has been adding risk back into his £190m CF Midas Balanced Growth fund over the last quarter as policymakers work to steer the eurozone into recovery mode.

US FISCAL CLIFF

In the latest Big Debate, our panelists from Rathbone Unit Trust Management and S&P Capital IQ discussed Multi-Manager.