Mohammad Syed, managing director and head of global markets at Coutts, has issued a stark warning to wealth managers not investing in technology, claiming they will be left behind by the industry.
Syed said if wealth managers did not invest in the best technology available, then costs would simply be passed onto the end client. The global markets head said Coutts has invested close to £20m in...
Forcing KIID and prospectus changes
Countdown to 31 October
The Woodford Income Focus fund (WIFF) lost a third of its assets in the month of June alone, as investors continued to flee from funds managed by Neil Woodford, according to data provider Morningstar.
Artemis and Woodford
Broadening reach to wider audience