RBC: client exodus leaves Gars on course for £12bn outflow in 2018
Net outflows from Gars are at record levels and will hit £12 billion in 2018, according to RBC Capital Markets.By Yoosof Farah - 15 October 2018, 11:06
FTSE mired below 7,000 as investor jitters persist
Investors remain bearish after Friday's late fall below 7,000, as shares in 'mid-cap' stocks Convatec and Superdry dive.
The funds that dived and thrived in a torrid week
A heavy sell-off in 'darling' AIM stocks took a big bite out of some funds, while one fund surged 11% in the sell-off.
Embark buys Liberty Sipp's £3bn client book
Liberty Sipp will be wound down after Embark reached a deal to buy its £3 billion client book.
FCA spends further £5 million on senior managers regime
The Financial Conduct Authority (FCA) has drawn down a further £5.2 million for its work on the Senior Managers and Certification Regime (SM&CR) until March 2019.
Aegon hands Smith master trust leadership
Aegon’s head of pensions Kate Smith has been named as its new head of master trust.
Monday Papers: Brexit talks break up amid border impasse
And hedge fund Bridgewater has warned Fed could turn ‘hot’ economy to ‘mediocre’.
Asia stocks decline on lingering trade, US rates concerns
Softbank saw its stock dropping by around 5% in the morning over concerns of the company's ties to Saudi Arabia.
Sunday Papers: Cabinet mutiny threatens to kill May’s Brexit
And £30 million rescue deal was ignored by Patisserie Valerie management.
Saturday Papers: Patisserie Valerie secures lifeline
And Facebook has warned that 30 million users were exposed in cyber attack.