Fintel buys Owen James Events as acquisition spree continues
It is the sixth company acquired by Fintel in the past year
Industry
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Novia Global launches stocks & shares Isa
Addresses issue of UK expats’ savings being left in ‘suspended animation’
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Chancery Lane CEO: Modern portfolio theory doesn’t work for income investors
MPT is is wrongly incorporated into most offerings directed at retail clients in the UK, writes Doug Brodie
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Fuel Ventures VCT launches £50m maiden raise
Launch follows announcement VCT regime has been extended to 2035
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Morningstar Wealth appoints Chris Bishun as head of wealth solutions
He brings 20 years of experience to the role
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PEOPLE MOVES: Love Ventures, Raymond James WM, LGIM, Lombard Odier, Dimensional
Love Ventures has hired Faye Williams as distribution director
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Quilter Cheviot appoints UBS’s UK wealth CIO to succeed Gwyther
Caroline Simmons will take up chief investment officer role in March
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St James’s Place net inflows halve as Jefferies lists stock as ‘buy’
New CEO Mark FitzPatrick will review ‘all elements of the business’ as he plans for 2030
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VCT take-up jumps by a third to 25,800 investors
Total money raised up by 61% to £1.04bn
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Abrdn confirms 500 redundancies in cost-cutting ‘transformation plan’ amid £12.4bn outflows
£150m of costs will be cut across the business over two years
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Quilter boosted by spike in adviser flows to platform
Jump of 44% on the inflows through the same route a year ago
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Defaqto names former Octopus marketing head as CSO
Sally Boyle has also joined the board and leadership team