Sesame fined more than 15m for undermining
The UK’s most complained about advisory firm, Sesame, has been fined over £1.5m for setting up a pay-to-play scheme which promoted the company’s own commercial interests over those of its clients.
Alternatives | 30 Oct 14
Goldman Sachs launches alternative fund
The fund aims to give clients exposure to streams of income free of market direction, taking account of interest rates, currencies and emerging market debt
Emirates NBD reaches record assets
Emirates NBD AMs recent SICAV push has led its assets under management (AuM) to pass the $2.5bn mark, a 100% growth for the company in little more than two years.
SJP closes on 50bn FuM boosted high Q3
New business at St James’s Place increased by almost 20% over the third quarter, bringing the wealth manager within sight of £50bn in funds under management.
Barclays accused of betraying duties t
A Saudi businessmen is suing Barclays for $10bn in damages, claiming the company struck a secret settlement with the countrys government to further its own interests in the region.