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Standard Life appoints head of Brexit strategy

Standard Life has hired Paul McGhee as head of Brexit strategy as the insurer prepares itself for the impact of the UK’s divorce from the EU.

Meet the Adviser Champions: Nucleus’s David Ferguson

Fees across the whole value chain of advice could amount to as little as 1.2% in five years’ time, predicts Nucleus chief executive and founder David Ferguson.

Deloitte: Four catalysts changing the asset management landscape in 2017

Deloitte consultancy subsidiary Casey Quirk has outlined four key trends set to transform the asset management world in 2017, including low market returns and distribution consolidation, that is leading to an acceleration in M&A activity....

Oil prices fall as OPEC’s production cuts disappoint market

OPEC’s failure to deepen production cuts at the latest meeting has caused a fall in oil prices, as oil bulls were hoping for either a deeper or longer extension of the current agreement.

Fitz reveals 80% of managers are subsidising fund expenses

Research firm Fitz Partners has estimated that 79% of cross-border managers distributing into Europe are subsidising their own funds’ operating expenses in efforts to keep client charges down.

UK economy going through ‘soft patch’ as Q1 GDP growth revised down to 0.2%

The UK’s economy grew more slowly than originally estimated in the first three months of the year, according to the Office for National Statistics (ONS).

Niznik, Leyland, Lau: The People’s Trust reveals manager line up for Q3 launch

Former CEO of the Investment Association, Daniel Godfrey has announced the names of the five investment managers who will run the People’s Trust, which he aims to launch this September, including names from Artemis, JO Hambro Capital...

‘Loyalty pays’: Number of CEOs promoted from within firms increases

The number of FTSE 100 CEOs that have been promoted from within the company has almost doubled over the last three years, indicating an increasing trend towards succession planning.

EdenTree’s Hiorns: Europe’s recovery takes centre stage but dangers still lurk

The threat of populism may have abated in Europe for now, but investors in the continent should not rest on their laurels, argues Chris Hiorns, manager of the EdenTree Amity European fund.

1167 Capital extends founders share class deal on fund duo

Specialist fixed income boutique 1167 Capital is to extend the founders share class offer on both its funds, even though one has passed the $100m threshold and the other has paid its first dividend.