Walker Crips reports doubling of profits
Walker Crips’ year end results showed strong growth in pre-tax profit, AuM and gross revenue even after factoring in £0.8m in exceptional costs.
Walker Crips’ year end results showed strong growth in pre-tax profit, AuM and gross revenue even after factoring in £0.8m in exceptional costs.
In the wake of last Thursday’s referendum Charles Stanley has run ‘good’ and ‘bad’ Brexit scenario models and says it sees the good scenario as more likely.
Harwood Wealth Management reported a 36% gain in assets under influence (AUI) to £1.655bn and growth in assets under management (AUM) to £580m from £276m in the six month period to 30 April 2016.
Rogier Quirijns, European Real Estate Securities portfolio manager at Cohen & Steers, argues Brexit could provide some attractive buying opportunities in the UK, particularly in the self-storage, logistics, healthcare and student housing arenas.
UK retail investor behaviour post-Brexit reveals growing fears about the prospects for property and UK equity funds and a growing preference for global and Japanese equities, according to analysis by Rplan’s online investment platform.
Hogan Lovells says the solution to the post-Brexit passporting problem is not as simple as setting up a brass plaque company inside the EU.
Trading in domestically-focused banks, RBS and Barclays, was temporarily suspended on Monday after their share prices dropped 9% and 10%, respectively.
In the uncharted territory of the post-Brexit landscape, fund managers are keen to avoid overreacting to the initial devaluation of sterling and take advantage of lower priced shares and sustainable dividend growth.
While some commentators remain firm in their conviction that Brexit has created the perfect storm for potential buyers of asset managers, others are unconvinced weak sterling is incentive enough.
Evidence of its sustained sales momentum, propelled Tesco’s share price upward by nearly 2.2% to 170p during Thursday morning trading.
Hermes EOS pushed clients and shareholders to back a vote of no confidence in Volkswagen’s (VW) supervisory board ahead of its first annual meeting since the emissions scandal.
Whitbread’s share price climbed by 2.7% during Tuesday morning trading, making it the top performing FTSE 100 stock.