Abrdn results: Share price tumbles 10% following 66% profit slump and 83% fall in flows
Investment arm profits have fallen by 66% year-on-year
Author: Lauren Hardy
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Progeny buys Nottingham-based wealth manager
Purchase brings Progeny’s AUM to £8bn
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Nordea AM broadens gender diversity fund’s investment mandate
Will be renamed the Nordea 1 – Global Diversity Engagement Fund
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Fidelity appoints new chief sustainability officer
Jenn-Hui Tan takes over the newly-created role
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Evenlode’s Elliott, Knoedler and Dyer: Why we don’t ‘buy low, sell high’ in our funds
Evenlode’s Global Equity team discusses launching during the pandemic, severing emotion from sell discipline, and why investing in brands is ‘high maintenance’
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Aviva Investors hires head of UK global wealth from HSBC AM
Smera Ashraf will be working with intermediaries, DFMs and financial institutions
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Former Artemis manager to launch new global equity business
Alex Illingworth will become a partner at Harwood on 4 September
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Rathbones and Investec W&I given the go-ahead for all-share merger
The deal is due to take place on 21 September
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Schroders Personal Wealth hires CIO from SJP
Alan Goodman will join the firm this month
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Columbia Threadneedle’s Bodon joins AXA IM as senior portfolio manager
To co-manage the AXA WF Asian Short Duration Bonds and Asian High Yield Bonds funds
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Man Group half-year results: Pre-tax profit falls by 65%
Luke Ellis to step down as Man Group CEO in September
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Gravis hires senior research analyst from Winterflood Securities
Shayan Ratnasingam will work across four open-ended funds