Managers stand firm as panic-selling continues
Wealth managers are being trapped in the tricky position of responding to nervous clients' demands to hike cash weightings in portfolios, while at the same time trying to meet their growing income requirements.
The start of 2015 has proved to be a busy few months for the wealth management space as firms make acquisitions, hires and expansion plans. Investment Week rounds up the stories you may have missed.
Former Odey chief executive David Stewart has joined the board of Hargreave Hale as a non-executive director.
Hargreave Hale is to expand its reach with the opening of a new office in Norwich, led by two former Brewin Dolphin investment managers.
Giles Hargreave has predicted small caps could suffer a difficult year as investors prepare for a weaker equity market in 2015.
The AIM market has been battered this year, dragged down by falls of more than 50% in some of the index heavyweights. Hargreave Hale's Oliver Bedford highlights two lesser-watched stocks lighting up the market.
Giles Hargreave has been ranked number one in a report by Tilney Bestinvest looking to identify the top 100 equity fund managers in the UK.