Capital Group to overhaul leadership team
CEO Tim Armour and president Rob Lovelace will step down in October as part of an extended handover
Author: Christian Mayes
-
-
Nick Train: LTIT ‘well-placed’ to exploit tech recovery
A tough year ended on a high note, with the trust trading at a modest premium
-
SJP posts second-best year for inflows despite £5bn FUM drop
Net inflows of £9.8bn only topped by the £11bn recorded in 2021
-
Gresham House AUM jumps 20% in 2022
As operating profit expected to grow to £26.5m from £20.2m the year prior
-
Gam delays full-year results as losses mount
Headcount is down 11% in a year, but net losses ratcheted up ten-fold
-
Rent problems plague harrowed Home Reit
One of the trust’s main tenants, Lotus Sanctuary, has not paid since August
-
Muzinich appoints Barclays relationship manager to UK private debt team
Rob Judson will focus on investments in northern England
-
Merger of JP Morgan trusts moves forward with share class alignment
While JP Morgan Elect shareholders could be in line for a dividend payment before the deal is done
-
Interactive Investor nixes five Super 60 strategies
While three funds make their debuts
-
Edinburgh Worldwide suffers 40.3% hit to NAV
The Baillie Gifford trust’s share price plummeted 46% over the year to 31 October 2022
-
Jupiter ramps up streamlining process with mergers and closures
Plans to overhaul firm’s offering to impact a third of its funds
-
12% drop in number of FE Fundinfo five-crown funds
Those directly invested in commodities were among the biggest losers
