United Kingdom
Wealth manager buys UK advice firm for £4m
While it ‘is in exclusive due diligence on two potential transactions in two international markets’
2.3 million Brits now hold cryptoassets
But only 7% of IFAs would recommend their clients invest in digital currencies
Alternatives | 16 Jun 21
HSBC Asset Management creates £38bn alternatives business unit
It is the ‘next step in its strategy to reposition’ the firm
Ex-Barclays Wealth financial planner sets up UK advice firm
It will be a company ‘where people can come and engage and it’s never about the money first’
Look to India and China for uncorrelated assets
With a gain of 6.1% – the MSCI India Index was the top performer in May