Hargreaves Lansdown sustained a drop in net inflows in the four months leading up to April 2016, despite seeing a 3% increase in the value of assets held by its Vantage service and an expanding client base.
Lloyds Banking Group could unlock potential by rebranding itself as an income stock, if only it cleans up its act, according to Russ Mould, investment director at AJ Bell.
Several major asset managers have responded to Brexit anxieties and increased redemptions by switching their funds to bid prices, but what does this mean for the wider sector?
Rathbones has reiterated its commitment to long-term growth, despite ongoing volatility within the markets it serves.
The blocked merger between Telefonica’s O2 and CK Hutchison Holdings’ 3 UK “has consequences for the rest of players in the UK market, as well as for the broader European telecoms market,” said Moody’s Investors Service.
Vodafone’s shares were up this morning following the publication of its year end results, trading 2.35% higher at £2.28.
Nikko Asset Management has poached Yuichi Alex Takayama from Tokio Marine and Asset Management to head up the global sales operation of its international business.
UK plc’s profits plunged to their lowest level since before the financial crisis last year, The Share Centre said.
The investment trust experienced a negative total return on NAV (-0.1%), share price (-0.7%) and benchmark (-0.5%) amidst a 12% increase in its investments in private companies.
With the promise of a unique approach to investing in fixed income, Fraser Lundie outlines Hermes’ ambitions to be a global player in more ways than one
Martin Currie announced on Thursday that Mark Whitehead will replace Alan Porter as lead portfolio manager of the Securities Trust of Scotland.
Right now, the only thing facilitating trust between the financial services industry and society is regulation says Guy Sears.
