Wealth Managers

Fund managers at Schroder Asian Total Return (ART) have raised the alarm over a potential bubble in Taiwanese and Korean technology stocks including the US artificial intelligence companies they supply, amid renewed signs that capital spending on AI maybe waning. The investment trust reaped the rewa

JPMorgan Chase chief executive Jamie Dimon has reportedly warned Prime Minister Andy Burnham and Chancellor John Healey, against raising taxes on banks in his inaugural budget in October following an in person meeting. The Wall Street boss is understood to have explained to Mr Burnham and Mr Healey

Schroder Oriental Income Fund (SOI) has appointed Winterflood, a division of Marex Financial, as the company's sole corporate broker and financial adviser with immediate effect, replacing Deutsche Numis. The board confirmed that Winterflood will undertake market purchases of ordinary shares in the c

Helge Skibeli has announced plans to retire from J.P. Morgan Asset Management in February 2028 following almost four decades in the industry. Mr Skibeli is one of the three portfolio managers responsible for the JPMorgan Global Growth & Income fund (JGGI). He joined JPMorgan in 1990, where he wo

Scottish Oriental Smaller Companies Trust triggers conditional tender offer following "disappointing returns" over the past five years. FSSA Investment Managers, the Asia-based fund manager of the trust, introduced the performance-related conditional tender offer in 2021 linked to the company's inve

Transparency, reputation and trust are becoming the most important factors influencing consumers when choosing wealth management providers, according to new a TransUnion study. The company surveyed 1,000 US consumers with at least $20,000 in investable assets to discover how they chose who to hire t