Private equity managers defend sector following backlash from Morrisons buyout
Comes after major shareholder LGIM warns against private equity firms taking over supermarket chain for ‘the wrong reasons’
Author: Georgie Lee
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Impax assets jump 15% as net inflows hit £2.3bn
AUM is up 71% in the financial year-to-date as demand for sustainable products persists
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EQ Investors reduces DFM service charges for advisers
The cut, while welcome, ‘isn’t going to make a huge difference’, according to one adviser
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Baillie Gifford yo-yos back to top of performance charts after bumper month for tech
Baillie Gifford American Fund came out on top in June, returning 16.7%
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Polar Capital tech and healthcare funds propel AUM to £20.9bn
Highest single year of growth, according to CEO
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FCA report highlights failures in ACD market
Weaknesses found in governance structures, conflicts of interest management and operational controls
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Columbia Threadneedle names successor for global CIO
Colin Moore to retire after 20 years at the firm
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Majedie slashes pay as it reports pre-tax profit drop of £19.7m
But maintains its £23.5m dividend