Canaccord Genuity’s UK wealth business reports 11% AUM rise
Canaccord Genuity Wealth Management UK has reported an 11% year-on-year rise in assets under management at the end of its first fiscal quarter.
Companies
-
-
RBS loss weighs on FTSE
Royal Bank of Scotland shares slipped 4.6% after the bank reported a worse than expected loss.
-
Aviva Investors posts positive flows as AIMS doubles
Aviva Investors has reported positive fund flows during the first half, despite the Brexit inspired outflows which have hit much of the industry this year.
-
SEI strengthens UK private banking team
Hard on the heels of its recently announced partnership deal with wealth management firm WH Ireland, SEI has bolstered its UK Private banking team
-
Asian distribution an increasing focus for OMGI
The aggressively expanding firm has a strategy to build distribution relationships in the mainland, said Warren Tonkinson, managing director, of Old Mutual Global Investors.
-
Rio’s free cash flow fixation underlines broader mining challenge
“Boring is the new exciting” is how Rio Tinto CFO Chris Lynch characterised the diversified miner’s continued focus on improving productivity and better leveraging its existing asset base.
-
Rio maintains “boring is the new exciting” mantra`
Tinto’s underlying earnings slumped 47% in the six months to end June 2016.
-
HSBC and Standard Chartered shares jump despite profit slides
Shares in HSBC jumped 3.6% on Wednesday despite it revealing a 29% slide in profits to $9.7bn for the first half.
-
Next profits up, but AXA Framlington steers clear
High street mainstay Next helped prop up the FTSE 100 this morning, having reported a year-on-year 0.3% rise in total sales over three months to end July.
-
EY predicts gloomy outlook for UK advisers post-Brexit
Financial advisers are in for a tough time following the UK’s vote to leave the European Union, according to a report from professional services firm EY.
-
Ascot Lloyd buys Harvard Financial Management
Ascot Lloyd has announced the acquisition of fellow IFA business Harvard Financial Management.
-
Ex-boss of failed UK platform Avalon charged with fraud
The former boss of collapsed UK platform Avalon Investment Services is to appear in court next week in connection with alleged fraud offences, British authorities have confirmed.
