Nick Train highlights lowly valued holdings as Finsbury Growth & Income outperforms benchmark
‘Applying 20th century measures of what constitutes ‘value’ to digital companies is a mistake’
Author: Sebastian Cheek
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Tilney Smith & Williamson assets up 7% after M&A activity
CEO flags start of a multi-year plan to create ‘leading-edge and scalable front-to-back financial services and professional services platforms’
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Investment trusts dip into £2bn reserve pool to fund shareholder payouts
Trust dividends dropped 3.1% in H1 but it could have been worse, according to Link Group analysis
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AJ Bell ditches agent as client for MPS following adviser demand
‘Advisers will understand the importance in terms of the reduction in risk and the substantial time savings’
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Canaccord Genuity Wealth Management assets hit £32.4bn
CEO David Esfandi says having backing of private equity house HPS Investment Partners allows firm to build on growth
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Impax makes key hires for its post-Brexit hub in Dublin
Asset manager has hired a country head and head of compliance for its ‘strategic’ centre for EU activity
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Square Mile downgrades Richard Buxton fund but other analysts keep the faith
Square Mile also drops A rating from Invesco Global Targeted Returns following an extended period of poor returns
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Paul Causer and Paul Read successor vows to make his mark on Invesco bond team
Thomas Moore says flows have held up since pair announced their retirement
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LGIM assets up 7% as investors turn to ETFs
More than a 50% increase in ETF AUM over H1 2021 to $13bn
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RWC chief executive Dan Mannix leaves firm after eight years in role
Replaced by the company’s head of business development Tord Stallvik
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Tilney Smith & Williamson names former British Land CEO as chairman
Chris Grigg is also a senior independent director at FTSE 100 firm BAE Systems
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Quilter Investors flags two funds as ‘needing action’ in latest value assessment
Diversified Portfolio and Strategic Bond funds given a ‘red’ rating due to underperformance