Somerset Capital loses two-thirds of assets as SJP severs ties – reports
Somerset Capital Management has lost over two-thirds of its assets under management as St James’s Place severed ties with the emerging markets specialist.
Somerset Capital Management has lost over two-thirds of its assets under management as St James’s Place severed ties with the emerging markets specialist.
AJ Bell managing director of direct-to-consumer (D2C) and investments Kevin Doran has left the firm to take up a newly created role at Lloyds Banking Group as chief investment officer for Scottish Widows and the group’s insurance, pensions and investments business, from early 2024.
The Financial Conduct Authority has opened its consultation into the Overseas Funds Regime, which will streamline the marketing of non-UK domiciled funds to UK retail investors.
St James’s Place has reshuffled managers and altered the charges on its Global Smaller Companies, Global Emerging Markets and Emerging Markets Equity funds.
AssetCo’s River and Mercantile has changed its name to River Global, bringing together the group’s businesses under a single brand.
Sarasin & Partners has hired Alastair Baker to co-manage the firm’s Target Return strategy, alongside senior partner and chief market strategist Guy Monson.
Investment Week was pleased to honour the winners of the Women in Investment Awards 2023, in association with Amundi ETF, at a special ceremony in London on 22 November.
MPs have warned the Bank of England that a digital currency could present risks to financial stability and personal privacy.
The Competition Markets Authority has won its high court appeal in its case into tech giant Apple, which could allow it to continue its investigation into mobile browsers and cloud gaming.