News
Investment | news 16 Feb 18
Global stock markets bounce back
Global stock markets were poised to end the week on a positive note on Friday, following the previous week’s sharp selloff, as investors shrugged off inflation fears and turned the focus back on economic growth and corporate earnings.
Alternatives | news 16 Feb 18
New Earth liquidators assessing legal options
Liquidators of the failed New Earth Recycling and Renewables (NERR) fund now have more than 200,000 documents in their possession and want to establish if there is a case to take legal action against any party deemed liable for the collapse.
Director banned from financial services for five years
The director of a financial services firm has been suspended from the industry for five years, and has agreed to pay £225,786, after his business failed to give appropriate advice to its clients.
PEOPLE MOVES: Jupiter, HSBC and Clyde & Co
Jupiter Asset Management appoints a head of multi-asset strategy, Clyde & Co expands its Middle East operation and HSBC hires a managing director for Sweden.
United Kingdom | news 16 Feb 18
Lifeboat scheme opens door to British Steel IFA firm claims
Customers of now-liquidated IFA firm Active Wealth, which was at the centre of “questionable advice” given to British Steel Pension Scheme (BSPS) members, may soon be able to make claims against the company.