Ex-Brooks Macdonald deputy head launches DFM
Five Horizons has been created under the umbrella of P1 Investment Services
DFM
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Defaqto to roll out Consumer Duty profiles
They will help advisers carry out due diligence, target market and value assessments
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Eden Park IM partners with Hymans Robertson
Investment services provider will sub-manage the Eden Park’s Brunel range
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Wealth consolidator snaps up Square Mile
Research and consultancy firm will continue to operate under its own brand
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UK financial planning firm launches DFM arm
In collaboration with Vanguard and Redington
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11% rise in discretionary MPS assets
Consumer Duty has sparked ‘confusion about who is a co-manufacturer of the investment proposition’
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UK regulator opens criminal investigation into DFM owner
To assess potential offences of fraud and money laundering
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UK regulator issues warning to three DFM senior managers
FCA says they were allegedly involved in a ‘coordinated arrangement’ which led to ‘customers suffering financially’
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Jersey investment manager sets up UK operation
Firm hires a former Quilter Cheviot executive director to run the business
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Abrdn sells UK and Jersey DFM business for £140m
Asset manager believes another owner is ‘better placed to invest to deliver greater scale’ in the operation
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How the sustainability disclosure requirements will impact DFMs
Concerns of vast swathes of assets chasing labelled funds and a threshold MPS will never meet
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Investment firm partners with Charles Stanley to set up DFM service
In a bid to attract more advice companies to its parent group