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Author profile

Alasdair Pal

Articles by Alasdair Pal

Equities

UK income funds see record inflows as demand continues

UK equity income funds recorded their best month on record in April as the ongoing demand for income solutions saw them rake in hundreds of millions of pounds.

clock 28 May 2014 •

Regulation

Barclays fined £26m for gold price fixing

The Financial Conduct Authority (FCA) has fined Barclays £26m for gold price fixing.

clock 23 May 2014 •

Equities

Gibbs attacks former employer Jupiter in AGM outburst

Ex-Jupiter manager Philip Gibbs has criticised his former employer in a public outburst at the company's annual general meeting, according to reports.

clock 22 May 2014 •

Tax Planning

Credit Suisse to pay $2.6bn after pleading guilty to tax evasion

Credit Suisse is to pay fines of $2.6bn (£1.6bn) after pleading guilty to helping US clients evade tax.

clock 20 May 2014 •

Regulation

FCA rejects calls for more guidance on inducement rules

The Financial Conduct Authority (FCA) has said it will not issue further guidance on inducements, despite growing calls to do so from fund groups.

clock 19 May 2014 •

Managed solutions

WealthSelect helps Old Mutual sales double to £1bn

Old Mutual Wealth reported a more than doubling of net flows in the first quarter of 2014, buoyed by its WealthSelect fund panel.

clock 15 May 2014 •

Economics / Markets

Independent Scotland faces 'capital flight' - Deutsche

An independent Scotland would face a "capital flight" if it did not retain the pound, according to analysts at Deutsche Bank.

clock 13 May 2014 •

Wrap/platforms

Cofunds misses out on discounted Woodford share class

Cofunds is set to list Neil Woodford's equity income fund next month, but will not offer advisers access to the manager's discounted share class.

clock 13 May 2014 •

Equities

Schroders promotes Harrison to head of investment

Schroders has promoted global head of equities Peter Harrison to the vacant position of head of investment.

clock 07 May 2014 •

Wrap/platforms

Nucleus profits rise to £1.7m after 37% jump in assets

Platform Nucleus saw its assets under administration jump 37% in 2013 to £6.2bn, with gross inflows up 26% to £1.7bn, driving a sharp climb in profitability.

clock 01 May 2014 •
234
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