Rathbones: Pre-tax profits rise by 72.9% in annual results
Underlying profit before tax jumped from £127.1bn to £227.6bn, marking a 79.1% increase
Industry
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Morningstar: Eltifs ‘a growing breed’ but fund selectors warned on fees and returns
Eltifs ‘unlikely to harvest the same hefty illiquidity premiums’ as trusts
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Schroders appoints Wealth Management CEO
Oliver Gregson will take over from Mary-Anne Daly in June 2025
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Abrdn investment manager launches Buckingham Research investment consultancy
Buckingham Research aims to help IFAs manage outsourced and in-house investment solutions
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FCA says most advisers delivering but some still need to ‘put things right’
The regulator has looked at data from 22 of the largest firms
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Quilter: Outsourced investments through DFM and MPS climb to almost half of platform assets
Proportion of adviser-managed assets drop by over 10 percentage points
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Brooks Macdonald International sale completes
Sale to Canaccord Genuity allows Brooks to focus on growing its core UK business ‘organically and through targeted M&A’
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PEOPLE MOVES: Evelyn Partners, P1 Investment Services, Quilter Cheviot, Nomura AM
The Jersey-based subsidiary of the wealth manager has made several hires
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Evelyn Partners makes raft of hires in Jersey and moves office
Relocation ties in with decision to sell its professional services division
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WisdomTree launches crypto ETP tracking CoinDesk 20 index
The digital assets index is up 76.7% since launching last year as investors flocked to cryptocurrencies
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Navigating IHT: What advisers need to know about the latest changes
Triple Point’s Diana French on why a financial adviser’s role in a client’s estate planning is more important than ever
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Who are the winners (and losers) of the FTSE 100?
British Airways, NatWest and Rolls-Royce boosted the FTSE 100 to new heights, while other UK giants saw their share prices tumble