DFMs struggle due to misplaced focus
Discretionary fund managers are struggling to focus on clients’ investment objectives because they still measure their performance against indices rather than individual client goals.
UK Adviser
-
-
HMRC claws back extra bn from tax cheats
HM Revenue & Customs pulled in nearly £24bn of extra tax revenue last year following its controversial campaign to close in on tax avoidance.
-
FCA welcomes in new financial review body
The Financial Conduct Authority (FCA) has welcomed in a new independent body aimed at restoring the damaged reputation of the financial services industry.
-
UK and Dubai fuel Nedbank growth
Nedbanks UK and Dubai offices led the way last year in a period which saw across the board growth for the private wealth company.
-
Video More cautious than consensus Woodford
While markets are likely to be challenging going forward, that doesn’t mean that there are not significant opportunities to be found, says Neil Woodford.
-
channel islands torn over pms beneficial
David Camerons recent letter to overseas territories about the importance of beneficial ownership has received a divided response from senior figures in Jersey and Guernsey.
-
group first intl gives non uk investors chance
Group First International a Hong Kong-based distribution company run by three Brits who have launched and run businesses in Asia over the past 15 years is offering international investors exposure to the business of providing storage space to British consumers, who are said to be legendary hoarders of stuff, and to companies.
-
Aviva to exit from south korean life joint venture
Aviva is to sell its entire 47% stake in South Korean joint venture, Woori Aviva Life Insurance to NongHyup Financial Group.
-
amp capital offers two funds on new ucits platform
Australian fund house AMP Capital has launched a Luxembourg-domiciled UCITS platform with two new funds catering to UK and European institutional investors.
-
prosecutors from uk cps sent to dubai spain
The UK’s Crown Prosecution Service is to base two specialist prosecutors in Spain and the United Arab Emirates to recover the assets of British criminals.
-
firms to reveal all costs to clients under mifid
Latest MIFID news discloses transparency obligations for investment firms and fund managers.
-
MiFID II could spell death knell for RDR
The UK’s Retail Distribution Review could be in danger of being overridden by the EU’s MiFID II directive.