Evelyn Partners launches Index MPS range for advisers
Five portfolios across risk profiles
Industry
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Columbia Threadneedle to launch four-portfolio active ETF range
Managed by Chris Lo
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Schroders’ Jamie Fowler becomes head of UK wealth
Has been at Schroders since 2002
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Baillie Gifford to merge multi-asset funds
£276m Multi Asset Growth fund to merge into the Baillie Gifford Defensive Growth fund
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Asset managers lose £1bn in Q1 despite 54% reporting net gains
The drop in sales was ‘negligible compared to the total money deployed in markets’ and was higher than the previous quarter
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SJP’s Rainbow awarded £2m in shares after Schroders exit
Award reimburses Rainbow for share awards forfeited after leaving Schroders
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Quilter’s WealthSelect MPS crosses £20bn mark
Doubled in size in under three years
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PEOPLE MOVES: 7IM, Rathbones AM, Peel Hunt, Schroder Income Growth, River Global AM
Double senior appointment at 7IM
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Investment Association warns firms of AI-assisted ‘cloning scams’
AI making scams more sophisticated
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Square Mile adds eight fund ratings to Academy
Veritas and Baillie Gifford see fund downgrades
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7IM makes double senior appointment
Both roles begin on 1 June
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Quilter expands CashHub savings service
Allows advisers to view their clients’ cash savings alongside their investments