Markets may have reacted harshly to BT Group’s Italian fiasco but shareholders should be more wary of its ballooning pension deficit, cautioned EdenTree’s Ketan Patel and Hargreaves Lansdown’s Laith Khalaf.
Harwood Wealth Management Group has reported a 75% rise in its assets under influence over its last financial year.
Kames Capital UK equity manager Audrey Ryan has argued Paddy Power Betfair has several competitive advantages that make it appealing still, despite reporting today it had lost £5m in the fourth quarter of 2016 due to the startling outcome of the US election.
Asset managers have grown more optimistic about their business prospects despite concerns over Brexit, other macroeconomic uncertainty and competition, according to a survey published on Monday.
Consultancy firm Mercer has outlined its ten top ideas on what wealth management firms should prioritise in 2017.
Despite a busier than usual Christmas delivery season, Royal Mail’s share price slumped to 6.4% to 420.7p Thursday morning, as investors continued to fret about its flagging letters business.
Woodford Investment Management has pointed the finger at outsourcing company Capita in a note to investors.
Shares in Pearson plunged 26.8% to 591.8p on Wednesday as the publisher revealed its higher education business has “declined further and faster than expected in 2016.”
Leeds-based wealth firm Progeny Group, is aiming to expand rapidly this year and challenge the “big boys” of the investment industry, according managing director Neil Moles.
Miton Group’s assets under management finished the year up to £2.9bn from £2.7bn the year before, despite the loss of two of its highest profile fund managers last year.
Rio Tinto reported solid production results for the fourth quarter and full year 2016, boosting expectations that the firm could reward investors in 2017.
Jupiter, River and Mercantile and Veritas are among the firms selected to create “a compelling equity portfolio” as part of Alliance Trust’s new manager line-up.
