Markets
BlackRock’s Lyttleton to take extended break
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?
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
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
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
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
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
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
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
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
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.
Eight graphs which expose the big Grexit danger
Consensus opinion increasingly points to a Greek exit from the euro. However, it's going to be a messy process and the information in these eight graphs give real cause for alarm.
What we learned last week: LED Lighting is a hot topic
Each week, Citywire Selection analyses the latest fund moves to identify a hot investment theme or stock gaining traction with some of the managers in our list. LED lighting has become a hot topic for many of our managers recently.
On the road
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PCMR TV
Omam's Stewart Cowley on the domino effect of a Greek exit
Greece set for hyper inflated Drachma












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