Chelsea Financial Services (branded as Chelsea Investment Intelligence) was founded in 1983 by present chairman John Holder. The company is an online supermarket that lets investors access a wide range of funds, and offers a shortlist of funds to simplify chice for individual investors. It is a discount broker and was one the first intermediaries to discount initial charges on unit trusts and bonds, and later PEPs and ISAs.
Managing director Darius McDermott is a frequent contributor to Investment Week and you can read some of his pieces here.
Fund selectors are divided on the main motivation behind Schroders' strategy when replacing Philip Matthews as manager of its flagship UK Alpha Plus fund, after just over four years in the role.
With an AMC of 0.3%
Funds with three-year underperformance
Bond outlook finally looks to be changing
Opportunities in a number of sectors
Valentine's Day special
Jupiter vice-chairman Edward Bonham Carter is kick starting the asset management industry's CASCAID charity campaign to raise over £1m for Cancer Reseach UK with a sponsored skydive, while on holiday in New Zealand this week.
Reaction to Barclays D2C platform plans