‘Unusually tough’ H1 sees Witan’s NAV plunge 14%
But the investment trust remains committed to its ‘dividend hero’ status
Author: Kirsten Hastings
-
-
Weekly outlook: UK inflation update as oil and mining giants report
Key events for UK wealth managers for the week starting 15 August
-
US recession outlook mixed as good inflation news raises more questions than answers
Peak inflation may have passed but it remains significantly above its 2% target
-
M&G celebrates return to net inflows even as AUMA drops £21.1bn
Fund group underscores ambition to ‘become a major player in the UK wealth market’
-
Baillie Gifford US Growth unquoteds more than double to 36%
Managers claim owning preference shares has resulted in private valuations falling more slowly than listed counterparts
-
Abrdn swings to £320m loss in H1
As international inflows soften £132bn blow to LGIM’s assets under management
-
James Stoddart named head of distribution at Canada Life AM
With the asset manager also appointing a head of trading and director of global private debt
-
Gam shares perk up despite revealing 20% drop in assets
As group CFO Richard McNamara announced his departure
-
Two M&G funds rated ‘unsatisfactory’ in latest value assessment
While one offered ‘outstanding value’ largely on account of ‘exceptional investment performance’
-
FCA creates more than 100 jobs by setting up shop in Leeds
It will operate from ‘the heart of the business district’
-
Asset plunge sees Pimco UK income bond lose Square Mile rating
But Gam and Artemis funds given stays of execution despite looming fund manager departures
-
Rathbones bolsters sales team with Jupiter hire
Jemima Gregson will be an investment sales consultant focusing on the west of England