UK GDP ‘grinds to a halt’ in April due to poor weather
UK rainfall during April was 155% higher than the long-term average
Author: Lauren Hardy
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BNY drops the ‘Mellon’ in company rebrand
BNY Mellon Investment Management will become BNY Investments
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Artemis Global Select team overhauls investment themes
First investment review of the strategy since Simon Edelsten’s departure
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Unemployment rises and job vacancies fall in UK labour market data
Latest data could ‘put a dampener’ on hope of a summer rate cut
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Biotech Growth Trust proposes benchmark change
New index has been chosen to ‘incentivise portfolio manager to outperform’
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UK investment giants: British ISA proposals could fall foul of Consumer Duty
Hopes that a Labour government will ‘drastically improve’ existing plans
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Baillie Gifford, Allianz and GAM funds lose ratings in Square Mile rebalance
One new fund and one investment company also enter the Academy
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Tritax EuroBox: No formal offer has been received from Brookfield
Brookfield announced it is in the ‘early stages’ of assessing a cash offer
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Premier Miton AUM increases by 9% despite uptick in net outflows
Group publishes its half-year results to 31 March 2024
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GAM’s Hawtin and team join Liontrust and form new global equity arm
Ewan Thompson, Tom Smith and Ruth Chambers will move internally to join the team
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Impax sees 5.9% AUM growth despite £2.7bn net outflows
Some £4.9m of AUM came from investment performance, market movement and foreign exchange
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Big Help Group surrenders 30% of its property portfolio to Home Reit
600 properties were handed over to Home Reit