Mark Twain allegedly said: "A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain."
What Twain fails to mention is that a banker generally wants replacement cover in the meantime, just in case unexpected torrential rain hits and the borrower is unable to return the umbrella. When...
European Fund and Asset Management Association
Will join IA sectors Q1 2020
Inflows of $99.1bn in Q1
Trading and holding costs
UK investors lost hundreds of thousands of pounds
Lifts advisers to seven
Income from advice fees down