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.
What’s happening
Legg Mason affiliate RARE Infrastructure respond to rate cut
Kames Capital’s Income duo: Six UK stocks we are adding to on sterling weakness
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.
Global Investment Strategist for Kames Capital, Patrick Schotanus, reacts to the Bank of England cutting interest rates to 0.25%.
One minute markets special: Gilt yields plunge and stocks jump after historic rate cut
The Bank of England today sent fresh shockwaves through markets after announcing a cut in the base rate to 0.25% and a further £70bn of quantitative easing, £10bn of which will be specifically focused on corporate bonds for the first time.
SEI Strengthens UK Private Banking Executive Management Team
SEI announced today that it has strengthened its UK Private Banking executive management team with the appointment of Kevin Russell to the newly created role of Proposition Director.
Beer & Bytes episode #24: The death of Confused.com's Brian the Robot and Byron Burger's PR prize
Is anyone else Confused.com about Confused.com’s move to scrap Brian the Robot in favour of James Corden? Well, fear not, because this week’s episode examines the reasoning behind the decision as well as asking how brands should handle the death of their characters.
By Jenny Crossland
