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- Black WidowAberdeen Asset Management is set to become one of Europe’s largest asset managers after it announced its intention to purchase the Lloyds-backed Scottish Widows Investment Partnership (SWIP). Although the deal will cost Aberdeen a hefty £550m – with an additional £100m payment conditional on five-year performance – it …The post Black Widow appeared first on […]
- Execution-lonelyIf all the press headlines are to be believed, every financial advice firm in the UK should be launching or planning to launch an execution-only service in the near future if they are to continue growing a successful business in the UK. Granted the indicators are there for …The post Execution-lonely appeared first on burningpants. […]
- Woodford WoeToday is the day many investors will have dreaded (not to mention the UK’s largest asset manager). After 25 years Invesco Perpetual Income guru Neil Woodford announced he was leaving the asset manager to set up his own business. The alarm bells have started ringing for investors, advisers, …The post Woodford Woe appeared first on burningpants. […]