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BlackRock’s Lyttleton to take extended break

by Emma Dunkley, Sarah Miloudi on May 25, 2012 at 11:14

The BlackRock UK Absolute manager is taking a three-month break from fund management to resolve family issues, Wealth Manager can reveal.

Is now time to dump corporate bonds for equities?

by James Phillipps on May 23, 2012 at 00:01

Corporate bonds have continued to outperform equities since the start of the year but a growing number of investors are expecting this trend to start to reverse.

The FSA's 166-rule costing discretionaries millions

by Sarah Miloudi on May 22, 2012 at 07:00

The regulator has used its powers 114 times to order ‘skilled person’ reports in the past year alone, sparking fears it may be burdening wealth managers with unnecessary costs.

VAT ruling leaves discretionary 20% pricier than MPS

by David Campbell on May 22, 2012 at 00:01

Advisers opting for a discretionary service when outsourcing assets will have to charge their clients a 20% premium versus equivalent multi-manager or managed portfolio services, following a VAT ruling.

Why trustee failures could jeopardise your business

by David Campbell on May 25, 2012 at 10:04

The Trustee Act 2000, which formalised the investment responsibilities of trustees, has never been used in anger: 12 years on, no single significant case has been brought under it.

Brewin Dolphin to close Dumfries office

by Annabelle Williams on May 25, 2012 at 07:00

Brewins is planning to merge its two-man Dumfries office with the large Penrith branch, Wealth Manager understands.

New Walker Crips CIO plans model portfolio launch

by Annabelle Williams on May 25, 2012 at 07:00

Walker Crips' Mark Rushton explains why new hires and a model portfolio range are on the cards for the listed stockbroker.

Clougherty returns to Fidelity 20 years later for new role

by Emma Dunkley on May 25, 2012 at 12:16

Fidelity Worldwide Investment has created a role for ex-Aviva Investors chief John Clougherty 20 years after he learnt his trade as graduate trainee with the firm.  

Ex-Close wealth head Mendel to launch insurance company

by Annabelle Williams on May 25, 2012 at 07:00

Steven Mendel is setting up an online insurance firm in his first venture since leaving Close Brothers.

Share issue may see TER fall on Troy Income & Growth

by Sarah Miloudi on May 25, 2012 at 14:03

Shareholders in Francis Brooke's Troy Income & Growth could see the trust's total expense ratio shrink after its board announced plans to issue up to 100 million new shares.

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