Hargreaves Lansdown co-founder claims takeover 'not the …
Aug 28, 2024 · Lansdown, who co-founded HL alongside Peter Hargreaves in 1981, told The Times the deal: "Gives the company a new lease of life. In a sense, it is not the greatest deal in the world, but it takes the company into another era when it can progress and grow".
FCA completes all Woodford investigations but still no end in sight
Sep 26, 2024 · Speaking at the FCA's annual meeting today (26 September), Therese Chambers, joint executive director of enforcement and market oversight, said all investigations from the regulator had been concluded, but the saga is still far from over more than five years on.
FCA issues warning notice against Crispin Odey
Nov 1, 2024 · The notice, sent on 24 September and published today (1 November), alleges breaches of the FCA's code of conduct between December 2021 and November 2022, when Odey was at his eponymous firm Odey Asset Management (OAM) and held senior manager functions and responsibilities.
Thousands of Woodford investors join RGL lawsuit against …
Nov 18, 2024 · Their claim, filed on Friday (15 November), will join the original one filed in October 2022 on behalf of around 2,750 investors, taking the total number of HL claimants to more than 5,000, RGL said.
HSBC AM launches UK-domiciled S&P 500 Equal Weight index fund
Oct 7, 2024 · Through incorporating the equal weight index methodology, which allows investors to gain exposure to 0.2% of each company in the S&P 500, the HSBC S&P 500 Equal Weight Equity Index fund physically replicates the benchmark by investing in …
PwC: Asset managers look to AI M&A to bolster growth
Nov 19, 2024 · In PwC's 2024 Asset & Wealth Management Report, published today (19 November), the consultancy found that 81% of the 264 asset managers and 257 institutional investors polled from around the world are looking to enter strategic partnerships, consolidation or M&A deals to enhance their technological capabilities.
Hargreaves Lansdown unveils active Global Equity Income fund
Oct 10, 2024 · Set to begin trading on 7 November 2024, the Global Equity Income fund aims to provide HL clients with quick access to global stock markets with "a focus on delivering both reliable income and growth", according to the firm's chief investment officer, Toby Vaughan.
abrdn promotes Xavier Meyer to CEO of investments amid …
Nov 19, 2024 · Meyer, who has spent the last two years at abrdn as chief client officer and has a total of 25 years' in the field of asset management, will succeed Rene Buehlmann, who is set to exit after less than two years in the role.
Witan shareholders overwhelmingly approve merger with Alliance …
Oct 1, 2024 · At the class and first general meetings held on Monday (30 September), shareholders representing 99.2% of voting rights approved the merger, with just 0.7% of votes cast against the resolution.
FCA wins appeal in BlueCrest $700m redress scheme case
Oct 3, 2024 · Back in July, three senior judges at the Court of Appeal heard a legal challenge from the FCA over the Upper Tribunal's decision to rule in favour of billionaire Michael Platt's hedge fund and reject the regulator's demand for investor compensation.