RLAM intermediary flows increase 33%
Funds under management reach £117bn
Funds under management reach £117bn
Despite the milestone, Premier Asset Management’s board of directors consists solely of men
Axa-owned multi-manager joins the rank of fund groups hit by volatile markets in H1
Petronella West becomes CEO in management buyout
Still on track to become first UK asset manager with £1trn AUM
Prudential shares have fallen 2% over the last six months
Short-term performance in remaining multi-asset strategies falters
The firm’s co-chief executives say the partnership is ‘exceeding expectations’
Peter Hargreaves pans Brexit negotiations as the investment platform publishes its annual results
HSBC’s commercial banking, retail banking and wealth management divisions perform strongest in the first half of the year.
The wealth manager’s profits are up 90% as wider group RBS revives its interim dividend for the first time post-financial crisis.
Both St James’s Place and Man Group delivered record flows over the first half of the year but the latter’s funds under management were impacted by weak performance from some of its key absolute return funds.