Latest News - Michelle Abrego
BlackRock plans succession in promotion of iShares boss
BlackRock chief executive Larry Fink has promoted iShares boss Mark Wiedman, as part of possible succession plan and hinted at further management changes to come
Credit Suisse reveals seven new roles in wealth shakeup
Credit Suisse has named new market leaders in a reorganization of its International Wealth Management (IWM) division.
Merrill Lynch WM sells international trust business to UK specialist
UK group to acquire Merrill Lynch Wealth Management's International Trust & Wealth Structuring business.
Fed's more hawkish tone surprises bond managers
Fixed income managers surprised by the central bank’s stated intention of raising rates three times next year.
Fed must raise rates to stem a bond sell-off
The US Federal Reserve’s policy choices are even more critical following Donald Trump's shocking win, says Old Mutual bond boss.
JPM wealth arms fined $307m over client disclosure failings
JPMorgan Chase has been fined over $300 million over allegations that it did not properly inform clients about conflicts of interests.
‘The stars have aligned’: manager relief as Fed finally raises rates
Fund managers welcome Janet Yellen and Co's first move since before the financial crisis.
US value veteran Smead finds inspiration in Hollywood and greyhounds
The contrarian US equity veteran is looking for the ‘Meryl Streep of stocks’: companies that are on course to become box office stars.
The stateside view: 'We're bailing out China'
The sell-off in China and global market volatility over the last month has kept the Federal Reserve from hiking interest rates despite stronger domestic data, according to fund managers.
FCA to dispel suitability expectation 'myths'
The Financial Conduct Authority (FCA) is working to dispel the 'myths' that are built up over the regulator's expectations.
The hunt is on: where will Lloyds find 700 wealth advisers?
Lloyds’ ambitious target of recruiting over 700 advisers has raised more than a few eyebrows, increasing competition in an already challenging market.
Mifid II has exposed huge holes in wealth due diligence
When you reflect on your operational due diligence process for assessing funds, do you or your colleagues ever think – is our process robust? Do we ask all the right questions in the right way?
Tip of the iceberg: why are wealth firms culling jobs?
After a number of wealth firms announced job cuts, we look at whether this is the start of a wider industry trend.