Weekly outlook: Barratt, Burberry and Asos report; UK inflation; FCA publishes annual accounts
The key events for UK wealth manager for the week starting 12 July
Author: Kristen McGachey
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SJP severs ties with Majedie as it merges away two underperforming UK funds
Baillie Gifford joins roster of six managers to oversee newly created UK fund
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Baillie Gifford China Growth eyeing ‘exciting’ pipeline of private companies
‘If you’re not looking for growth companies in China, you’re missing the point,’ says Sophie Earnshaw
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Wise’s £8bn IPO could inspire more direct listings
Foregoing traditional IPO route levels the playing field for institutional and retail investors
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Chrysalis splashes £50m on US cybersecurity company
Deep Instinct represents £1.1bn trust’s third new investment in a week
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Scrapped Liontrust ESG Trust launch reflects challenging environment for fund raisings
Other high profile trusts like Tellworth British Recovery & Growth and Buffettology Smaller Companies have also failed to get off the ground
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Baillie Gifford UK arm enjoys 50% profits boost after raking in £336m in fees
FUM surges 75% higher as Edinburgh manager bounces back strong from Covid lows last March
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Weekly outlook: Supermarket sweep as Sainsbury’s and Ocado report; FCA weighs in on value assessments
The key events for UK wealth manager for the week starting 5 July
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Odey AM chairman steps down after two decades
David Fletcher to stay on as a senior adviser to Crispin Odey’s $2.9bn hedge fund firm
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Fidelity adds to trust stable with £1.2bn emerging markets mandate win
Existing managers Genesis Emerging Markets accused of keeping a ‘low profile’
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Chrysalis swoops on second investment in a week as it backs Revolution Beauty Aim listing
Unusual transaction for £1.1bn trust which is known for targeting late-stage investments, two to five years out from IPO
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Chrysalis snaps up £75m stake in pensions platform
£1.1bn trust leads £165m funding round for industry disruptor Smart Pension