News
Green
BlackRock has hired Deborah Winshel as managing director and global head of impact investing as it launches a dedicated platform for investors with social and environmental criteria.
11 February 2015
•
Bonds
L&G Investment Management has appointed Omar Saeed as a senior fixed income manager.
11 February 2015
•
Platforms
Hargreaves Lansdown is planning a push into the asset management arena which could see it hire external fund teams and market its services to advisory businesses in future.
11 February 2015
•
Investment
Legal & General (L&G) has sold its offshore bond operation to Canada Life's parent company Great-West Lifeco.
11 February 2015
•
Europe
Greece's new left-wing government is pushing for a revision of its EU bailout terms, drawing up a new 10-point plan to replace the existing deal.
11 February 2015
•
UK
Old Mutual Global Investors income manager Stephen Message is running one of the largest overweights to financials in his sector, in the expectation UK banks are set to return cash to shareholders.
11 February 2015
•
4 min read
Advisory
Consolidator AFH Financial has acquired Kidderminster-based advice firm K.L. Plester Financial Services for £1.7m.
10 February 2015
•
1 min read
Wealth managers
The Financial Conduct Authority (FCA) was "not aware" of allegations HSBC helped wealthy clients evade millions in tax until they appeared in the media, chief executive Martin Wheatley has told MPs.
10 February 2015
•
1 min read
UK
Ex-Legal & General director of platforms & policy Danny Wynn has joined Fidelity Worldwide Investment in the newly-created role of head of fund partners, Investment Week can reveal.
10 February 2015
•
Financial services
The Investment Association (IA) has proposed a new method of presenting portfolio turnover rates, and called for transaction fees to be separated from fixed costs, as part of a push for more comprehensive fund fee disclosure.
10 February 2015
•
