News

Aug 12, 2016

Brooks Macdonald has poached Ben Mackie from Charles Stanley, to serve as investment director.

Aug 11, 2016

Old Mutual Wealth’s profits dropped by 31% year-on-year in the first six months of 2016 despite "very strong" net client cash flows, the company has reported.

Aug 11, 2016

Cofunds, one of the UK’s main fund platforms, is to be sold by Legal & General to Dutch insurer Aegon for £140 million (€163.6 million) incurring a net loss of £65 million.

Aug 11, 2016

The People’s Bank of China, the country’s central bank, wants the renminbi to be used more by global central banks as a reserve currency.

Aug 11, 2016

Investors are likely to be locked into Aviva's £1.6 billion (€1.9 billion) property trust until the first quarter of next year at least, the fund management group has warned.

Aug 11, 2016

European investors pulled large amounts of money out of equities exchange-traded funds following the UK’s shock decision to leave the EU on June 24.

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