Pay per employee has risen by 22% at AM firms since 2006
City Financial is to acquire the multi-asset range of Investec Wealth & Investment, bringing a further £204m in assets to the company.
Why should we choose between value and growth?
Fund managers have been clamouring to add banks, including RBS and Lloyds, to their portfolios ahead of a rate rise from the Bank of England.
Mixed reactions to 'radical' plans
What can contrarians learn from the Impressionists?
J.O. Hambro Capital Management's Clive Beagles has opened new positions in wealth managers and increased exposure to certain banks in his £2.9bn UK Equity Income fund.
John Wyn-Evans, head of investment strategy at Investec Wealth & Investment, takes a closer look at the global impact of recent currency wars and a future rise in US interest rates.