WisdomTree appoints Morgan Lee as Head of European Distribution
WisdomTree, the exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor, has named Morgan Lee as its Head of Distribution for WisdomTree’s European operations.
What’s happening
One week of markets in one minute: FTSE climbs as US jobs miss curtails Fed rate rise talk
Markets surged on Friday after poor US jobs data dampened expectations that the US Federal Reserve will raise rates in the near term, with the FTSE 100 reaching a two-week high after climbing more than 2%.
2 mins with… Jim Powell, author of Trading Futures
As it’s summer, we take a slight break from our usual programming and grill Jim Powell, author of best-selling novel, Trading Futures, on finance, Brexit and summer reading recommendations for those who work across financial services.
One week of markets in one minute: Stocks tread water as Fed says case for rate hike has strengthened
Markets took something of a back seat this week with all eyes focusing on the central bankers meeting in Jackson Hole, but by Friday – the day of the long awaited speech from the Fed – little had changed, with no timescales set for further rate hikes.
SEI Appoints Allfunds To Sub-Custodian List For UK Business
Allfunds is Europe’s largest mutual fund platform. In selecting Allfunds, SEI sought to appoint a provider that has flexible, agile and scalable client servicing capabilities. During the selection process, Allfunds demonstrated the ability to adapt and update its technology to meet the ongoing challenges and opportunities of the changing market.
One week of markets in one minute: Oil enters bull market as pound slides on Brexit fears
Oil surged and the pound sunk this week, amid a more lacklustre five days for equity markets as investors held back ahead of a crucial US central bank announcement next week.
Two minutes with…Michael Taggart, MRM's head of digital
MRM has just launched its probe into the state of corporate sponsorships in financial services, The Death of the Chairman’s Whim. What’s it all about? We put the hard questions to cat-loving digital guru Michael Taggart
One week of markets in one minute: Momentum continues while gilt yields move ever nearer to zero
Markets continued their seemingly relentless march higher this week, with blue chips testing multi-month high,s as investors continued to opt for equities amid stronger data from the US.
Fewer than half of financial advisers sponsor activities or events, finds new research
Financial advisers are missing out on the potential new business benefits of sponsorship according to a national survey compiled by financial services PR consultancy MRM.
Two minutes with… Mark Gee, Associate Director, MRM
This week, MRM’s Mark Gee is under the spotlight as he discusses MRM’s new report on outsourcing to DFMs.
One week of markets in one minute: Bank intervention sends shares back to year high
Intervention by the Bank of England’s Monetary Policy Committee (MPC) to offset an expected downturn in the UK economy dominated markets this week, sending equities to their highest close for over a year.
Comparing DFMs: a tough nut to crack
The implementation of RDR and increased regulatory burden on advisers has led to a sharp rise in the number of firms considering outsourcing to DFMs. Nucleus, for example, conducted some research with around 200 of its users earlier in the year and found that almost half (47%) were looking to increase their use of DFMs in the next 12 months.