Skandia has handed a £640m life mandate currently run by Invesco Perpetual's Mark Barnett to Neil Woodford, in a move Hargreaves Lansdown analysts suggest may be the first of many.
Skandia said it is switching money from the Skandia Invesco Perpetual Income and High Income life mandates - run by Barnett since March this year - into the CF Woodford Equity Income fund, following client...
Took office yesterday
Simon Evan-Cook to leave business later this month
UK-domiciled equity funds add £24.2bn
Schroders latest research re-opens the price/value debate. Advisers are reporting potential clients do not recognise the need for advice and are not prepared to pay much for it. Can an FCA paper assist?
'Old economy' will not return to previous highs
Regulator 'follows not leads'
6.4% of over 80s saving for end of life needs
Maximum 30% of redress
Staff can come in if they wish
Two-day remote learning sessions