Our CEO, Bella Caridade-Ferreira, sat down to take part in an industry podcast with Octo Members. Octo is the first app-based private community for UK financial services professionals, where advisers, fund managers, wealth managers and professional consultants can come together to share knowledge and best practices.
After a couple of months of speculation, M&G has reached an agreement with Royal London to purchase its platform, Ascentric. The deal, subject to FCA approval, brings £14bn of assets and over 90,000 clients to the M&G, in what seemed at first like an oddly timed move.
Hargreaves Lansdown published its interim results on Friday. Chris Hill, CEO, stated that the platform will be introducing changes to its research process with the aim of providing more detail and greater transparency. There will also be new functionality for customers who want a deeper, more autonomous dive into fund research.
Ethical, responsible, sustainable, eco-friendly, green. The last few years has seen a dramatic rise of these buzzwords across all products and sectors. The public is far more conscious about its impact on the world. As a result, companies are keen to be, or at least perceived to be, as responsible and doing their part to improve the environment and society at large.
It feels like I've been writing US-China trade wars and Brexit in investment commentaries since the Flood. Potential new investors have been spectating for months, waiting for resolution of these issues, particularly given 2018's annus horribilis where cash was king (if a less-than-generous one).