Canaccord Genuity WM promotes David Muncaster to group head of distribution
Canaccord Genuity Wealth Management UK and Crown Dependencies has promoted David Muncaster to the newly created role of group head of distribution.
RSMR awards rating to £300m AXA Global Short Duration Bond fund
AXA Investment Management’s Global Short Duration Bond fund has been awarded a rating by RSMR, which defined the strategy as a low-risk income solution for cautious investors, Investment Week can reveal.
Private markets giants Brookfield and Oaktree roll out fund platform for UK wealth market
Brookfield Oaktree Private Wealth Solutions has rolled out a Luxembourg-domiciled open-ended fund platform for high-net-worth investors across EMEA, Asia and Latin America.
FCA’s Sacha Sadan: SDR will help bring ‘trust and integrity’ back to the sector
Sacha Sadan, the Financial Conduct Authority’s director of ESG, has said the implementation of the Sustainable Disclosure Requirements labels from July will help get “trust and integrity” back to the financial services sector.
St James’s Place hires Aviva Wealth director of investment to boost product line-up
St James’s Place has hired Kunal Oak as director of investment products, in a bid to bolster the design, development and review of its existing and new offerings.
Invesco Perpetual UK Smaller Companies eyes June continuation vote as negative returns persist
The Invesco Perpetual UK Smaller Companies (IPU) trust is set to put a continuation vote to shareholders at its upcoming annual general meeting in June, as performance challenges persist.
House of Lords condemns FCA’s application of cost disclosure regime for investment trusts
The House of Lords has called on the Financial Conduct Authority to take urgent action in resolving the problems caused by its application of the cost disclosure regime on investment trusts.
Coutts and JP Morgan AM partner to launch alternatives fund
Coutts has teamed up with JP Morgan Asset Management to launch the Coutts Diversifying Alternatives Multi-Manager fund.