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Money Observer: 40 not out and still going strong

Money Observer celebrates its 40th anniversary this October. In an exclusive Q&A, MO’s editor Faith Glasgow told me about the title’s birthday makeover, “sticky” readers (and how much they invest), plus the challenge of balancing content across multiple platforms. Andrew Michael (AM): Slightly premature congratulations on MO’s 40th birthday! The latest issue [September 2019] refers to a makeover.…

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Woodford saga raises pressing issues

The Neil Woodford calamity gauge moved from ‘really bad’ to ‘catastrophic’ yesterday. This was a result of wealth manager St James’s Place’s decision to terminate its £3.5bn relationship with the fund manager. At a stroke this wiped out 40 per cent of the entire assets under Woodford’s management. Thanks to recent events, his reputation as…

Robo copped

Unless you’ve been locked in a cupboard for the past few years, it’s been impossible to ignore the rise of robo-advice across the financial services market place. You know, those automated online apps from the likes of Nutmeg, Moneyfarm, et al, aimed at a younger investor profile compared with the sorts of customer who’d typically…