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Why trustee failures could jeopardise your business
The Trustee Act 2000, which formalised the investment responsibilities of trustees, has never been used in anger: 12 years on, no single significant case has been brought under it.
Monti eurobond hopes help FTSE edge up
Following Thursday's bleak news about eurozone growth, Mario Monti, Italy's prime minister, raised traders' hopes with his optimism about eurobonds.
Brewin Dolphin to close Dumfries office
Brewins is planning to merge its two-man Dumfries office with the large Penrith branch, Wealth Manager understands.
Ex-Close wealth head Mendel to launch insurance company
Steven Mendel is setting up an online insurance firm in his first venture since leaving Close Brothers.
Newton AUM slides but profit soars almost 50%
Newton Investment Management has reported a boost in profits for 2012 despite assets under management taking a hit.
New Walker Crips CIO plans model portfolio launch
Walker Crips' Mark Rushton explains why new hires and a model portfolio range are on the cards for the listed stockbroker.
Short sellers flock to Facebook
Around 33 million of the shares sold by Facebook at its IPO have been borrowed, a technique used by short sellers who hope the price will fall after the shares have been sold on.
Overnight Markets: US stocks gain as Europe offsets China concern
But the Nasdaq declined after NetApp gave a weak revenue forecast, casting doubt on the outlook for tech spending.
Citywire Top Stocks Daily News Digest
All the news from across the web about the companies featured in Citywire's Top Stocks.
Friday Papers: Insults fly over troubled HP buyout
As many as a quarter of the staff at Autonomy quit the British software group soon after its acquisition by HP.
FTSE firms despite double dip shock
After an early recovery, UK stocks trimmed their gains as Britain's fall back into recession during the first quarter was confirmed.
How Rathbones is using smart beta
Elizabeth Savage, research director at Rathbones, discusses how the firm uses structured products and the main points to consider when selecting exchange traded funds (ETFs).
Swip head of UK rates to exit for Middle East
Graeme Troy, head of UK rates at Scottish Widows Investment Partnership, is leaving the firm to embark on a new career in the Middle East.
Catley Lakeman launches bespoke index-tracking arm
Catley Lakeman is launching bespoke delta one securities, offering wealth managers the ability to tailor their own index-based investments.
Barclays to launch structured products platform
Barclays is launching its online pricing and execution platform ‘Comet’ into the UK market, to allow wealth managers to transact their structured products business more efficiently.
BlackRock teams with UniCredit for fund of ETFs
BlackRock’s exchange-traded fund (ETF) arm iShares has partnered with UniCredit Private Banking for the launch of a fund of ETFs in Europe.
Alpha or beta for recession-hit UK
As the UK plunges into a double dip we analyse whether an alpha or beta strategy will serve you best for these uncertain times.
Momentum’s Klempster: a passive trick for multi-asset funds
Momentum Global Investment Management’s James Klempster (pictured) on stress-testing products and keeping an eye on the cost.
Four steps to finding the right ETF
With the ETF universe expanding at the rate of knots, investors can use four steps to help find the right product
Threadneedle gov't bond boss Fitzsimmons exits
Quentin Fitzsimmons, head of government bonds and foreign exchange at Threadneedle, is leaving the firm after nearly nine years to take a career break.
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