Latest News - Jack Gilbert
Merian Global Investors
Richard Buxton's £1.7bn UK Alpha fund to absorb smaller portfolio
18 June 2019, 12:56
Two funds run by Richard Buxton are merging, with the Merian UK Equity fund to merge into the £1.7 billion UK Alpha fund
Brown Shipley acts on fund with ‘large redemptions’ sign
17 June 2019, 13:38
The SVS Brown Shipley Sterling Bond fund was closed to new investors on 31 May in anticipation of large outflows.
M&G Pru moves 400 jobs to Edinburgh as it shuts four branches
14 June 2019, 12:00
The provider is closing offices in Reading, Chelmsford and London.
Woodford suspension shock
Fresh Woodford blow as Openwork pulls £330m fund
06 June 2019, 16:21
Restricted advice network Openwork has dropped Woodford Investment Management from the £330 million Omnis Income & Growth fund. An announcement of the new manager is expected shortly.
Ascot Lloyd launches five multi-asset funds with DFM
05 June 2019, 09:48
National advice firm Ascot Lloyd has launched five new multi-asset and multi-manager funds as it looks to build out its in-house fund capabilities
Wealth boutique sets aside £2.5m over jailed ‘playboy’ ex-adviser
15 May 2019, 10:10
Former Tavistock adviser Neil Bartlett, who was also known as the 'playboy financial adviser’, used defrauded funds to pay for ‘high-class’ Russian prostitutes and stock market gambling
FCA fines advice directors £1m over 'high risk' pension transfers
09 May 2019, 09:28
Advice firm Bank House Investment Management has been fined £311,639, and Financial Page and Henderson Carter Associates have been issued with public censure by the FCA in a final decision notice published today
Jupiter to shut £50m fund after multi-asset review
24 April 2019, 12:09
Jupiter Asset Management is set to close a £50 million fund after reviewing its current multi-asset offering.
Brokers and advisers face fee cut following big 2018 hike
17 April 2019, 07:13
Advisers will see a fall in their Financial Conduct Authority (FCA) fees this year, following a consultation published this morning by the regulator
Lighthouse shareholders set to vote on Quilter offer
15 April 2019, 07:54
Lighthouse shareholders are set to vote on Quilter’s £42 million offer, with the national advice firm needing 75% in favour for the deal to go ahead