News
Wealth managers
Two ex-directors of failed adviser TailorMade Independent (TMI) - the main distributor of £400m troubled unregulated property scheme Harlequin - have been banned and fined by the regulator for not assessing the suitability of clients' investments made...
20 March 2015
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3 min read
Economics
Lloyds Banking Group has agreed to sell its shareholding in TSB to Spanish bank Sabadell, in a deal which will value the bank at £1.7bn.
20 March 2015
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Commodities
BlackRock's Catherine Raw, co-manager of the group's World Mining trust, is to exit the business next month.
20 March 2015
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Economics
Sterling slumped against the US dollar after the Bank of England's chief economist Andy Haldane said the UK has an equal chance of seeing a rate cut as a rate hike, contrary to consensus expectations.
20 March 2015
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Wealth managers
A former trader has become the third person to be sentenced in what marked the end of the first phase of the regulator's "largest and most complex insider dealing investigation" to date.
20 March 2015
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2 min read
Managed funds
Investec Asset Management's John Stopford has begun hedging US equity exposure in his Diversified Income fund, despite this part of the portfolio being the most significant contributor to performance last year.
19 March 2015
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Equities
Several years on from launch, retail fund buyers are showing increasing interest in a strategy which seeks to bridge the gap between passive and high alpha portfolios.
19 March 2015
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Wealth Management
Old Mutual Wealth has hired Openwork's chief executive Mary-Anne McIntyre as chief distribution officer.
19 March 2015
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