RBS still in ‘purgatory’ as FTSE 100 falters
The FTSE 100 fell 0.7% to 7,221 as RBS rounded off a busy week of UK bank results with a staggering £7bn loss, while Standard Life failed to wow with weaker gross inflows.
Author: Kristen McGachey
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Jupiter scraps ‘box profits’ amid harsher regulatory scrutiny
Jupiter Fund Management has announced several key changes to its charges in its final results, amid mounting pressure from industry watchdogs on fee clarity.
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Woodford says there are ‘bigger challenges than Brexit’
Neil Woodford is gearing up to launch his third fund at a time when he sees “more opportunities than he has in a long time” for UK equities, but there are “bigger challenges than Brexit” to contend with.
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HSBC forecast misses leave analysts split on its prospects
HSBC kicked off a week in which all the major British banks are due to report with several missteps in its final results, leaving analysts split on the stock’s prospects moving forward.
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Waverton plucks fund selection head from John Duffield’s Brompton AM
Waverton Investment Management has confirmed former Brompton Asset Management man Luke Hyde-Smith will take the reins of its third party fund selection operation effective immediately.
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Unilever’s shares spike 14% after rejecting Kraft Heinz approach
Shares in Unilever reached an all-time high Friday afternoon of 3,838.5p after it declined a $143bn (£112bn) takeover bid from the Kraft Heinz Company.
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PA ANALYSIS: Could Europe be the best place for active managers to outpace passives?
As more managers let go of their hang-ups over Europe and return to investing in the region, there could be a golden opportunity for active managers to outperform by getting sector specific and avoiding the usual defensive crutches.
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The top five contrarian plays of the year so far
From betting on Europe over the US to sticking by emerging market debt, Portfolio Adviser considers five ways portfolio managers have stepped outside the box early on in 2017.
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SLI’s Hambi moves to neutral on Europe and takes UK underweight
Signs of an improving global growth environment have prompted Standard Life Investment MyFolio multi-manager head Bambos Hambi to re-evaluate his outlook on Europe and stick to his guns on the US and UK.
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Investors bullish on UK but gold craze confirms geopolitical fears
UK investors showed a “renewed confidence” in British-based assets in February but the continued popularity of gold points to lingering fears over political tensions, according to Lloyds Private Bank.
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Fund Manager Profile: TwentyFour AM’s Chris Bowie
TwentyFour’s Chris Bowie spearheads the outcome and investment-driven division he built from the ground up. Here he talks up his DIY approach, which includes executing all of the trades himself, keeping him ‘close to the market’ and giving him a few kicks along the way
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Rolls-Royce shares slump on record loss
Markets gave Rolls-Royce the cold shoulder following a mixed set of results, which included both a record loss for the group and higher than anticipated revenue growth.