News

Former Architas multi-manager Richard Philbin has joined Hampshire-based asset manager Hasley Investment Management.

AXA Elevate topped the Platforum's leaderboard for Q2 2012, with assets under administration (AUA) up 7% from £4bn to £4.3bn.

The Financial Skills Partnership (FSP) is to launch a plan to train 150 unemployed graduates as financial advisers.

Insurer Zurich has reported a 7% increase in profits or the first half of the year.

Fidelity is to rename Aruna Karunathilake's £167m UK Aggressive fund to better reflect its investment style.

Self-invested personal pension (SIPP) provider Pointon York Group is to delist from the PLUS market due to concerns over costs.

Private client manager James Hambro & Partners is to merge with rival Calkin Pattinson to create a combined group with £1bn in assets under management, advice and administration.

National IFA AWD Chase de Vere is to open an office in Chester.

Barclays is to roll out six FTSE autocall products on Transact and Nucleus, as well as most self-invested personal pension (SIPP) providers, including AJ Bell and SIPPCentre.

Lloyds Banking Group has sold off a £1bn portfolio of private equity investments as part of its plan to offload non-essential holdings.