The UK fund management industry faces complete transformation if the financial transaction tax - or Tobin tax - is implemented, commentators have warned.
Collins Stewart's Martin Turner has today joined MAM Funds as co-manager of Gervais William's Diverse Income trust.
The US equity market has experienced an about-turn and is offering investors a wealth of opportunities, writes Mark Piper, co-fund manager of the Collins Stewart Select Opportunity fund.
Collins Stewart Wealth Management has reported a 10% profit jump following two acquisitions and tighter cost controls.
Collins Stewart has liquidated its UK Focus fund, after only garnering £1.6m in assets under management since launch in 2008.
City veteran Terry Smith will step down as deputy chairman of Collins Stewart in December.