News
Investment | news 19 Sep 24
Temporary suspension of cost disclosure rules is ‘breakthrough’ for investment trusts
The change in stance follows statements from the UK Treasury and FCA
Investment | news 19 Sep 24
Close Brothers to sell wealth management arm to Oaktree CM for £200m
The sale is expected to complete in early 2025 calendar year
Investment | news 19 Sep 24
Asset allocation model portfolio assets to reach $2.9trn by 2026
More than one-third of outsourcer advisers expect to increase their use of model portfolios over the next 12 months
Luma alternatives platform opens Portugal office
Luma has over $150bn in capital-market linked assets under administration
Blacktower FM actions strategic restructure, key leadership changes in Spain
It will focus resources on two pivotal regional offices in Costa del Sol and Costa Blanca