Shrivelling valuations make grim reading for trapped Woodford investors
There may be buyers lined up for the ‘remaining rump of firms’, but at what price compared to the valuations when the funds were suspended?
Author: Kristen McGachey
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Aggressive cost cutting cushions Quilter profits from 12% blow to assets
But CEO Paul Feeney warns full-year operating margins could dip if revenue headwinds remain
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Abrdn moves to liquidate suspended Eastern Europe fund
Follows similar moves by Jupiter and Invesco as Russian markets remain largely suspended
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Independent and Monks trusts to merge as James Anderson’s predecessor retires
Self-managed trust will see its assets rolled into £2.5bn Baillie Gifford run vehicle
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Baillie Gifford UK small cap fund not delivering value
British Smaller Companies lost investors 18.5% in the year to 31 March 2022, while its benchmark fell 1.1%
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Ruffer doubles down on bearish calls as risk appetite comes roaring back
Investment company continues slicing equities exposure
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Latitude poaches Liontrust manager for investment team
Mike Totton was previously a co-manager on Majedie UK Equity Income and UK Focus funds
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Boutique favourites among £10.7bn ‘dog’ funds in Bestinvest report
Previous ‘pawful’ performers from Invesco and SJP redeem themselves in latest edition of Spot the Dog
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Hargreaves profits dive as net new business drops 37%
D2C giant rakes in £5.5bn of net inflows in 2022, down from £8.7bn the year before
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RLAM property fund lands on watchlist despite performance pick up
One of two funds to receive worst score for performance in firm’s latest AoV report
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UK will enter recession in Q4 as BoE pulls the trigger on historic 50bps rate rise
Central bank now predicting inflationary peak of 13%
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Global equities haemorrhage cash in £4.5bn bloodbath for UK funds
Targeted Absolute Return redemptions hit £628m despite growing demand for alternatives to equities
