British Land holds firm despite cautious property climate
British Land saw its share price hold firm at 629p despite expressing concerns over cautious occupiers and investors.
Companies
-
-
ARM single-handedly lifts FTSE
A 42% rise in ARM Holdings shares to 1699.5p lifted an otherwise lacklustre FTSE 100 into positive territory on Monday.
-
ETFs prop-up BlackRock’s AUM growth
BlackRock’s Q2 results revealed a client bias for fixed income ETF products, which outperformed equities and facilitated a 4% expansion of AUM.
-
M&S clothing sales slump drags shares down
Marks & Spencer’s share price was down 1.05% to 291p Thursday morning following news of its persistent clothing sales slump.
-
Ascot Lloyd eyes more acquisitions after inking funding deal
Ascot Lloyd is planning to put fresh momentum into its acquisition spree after signing a ‘seven-figure funding package’ with Clydesdale Bank.
-
Persimmon share price slides despite upbeat statement
Persimmon’s share price dropped by 5% to 1364p Tuesday despite posting encouraging growth in group revenues and completion volumes over the first half of the year.
-
Asset managers ‘monitoring situation’ as property fund fears grow
Asset managers with large UK property funds are weighing up their responses to a spike in redemptions.
-
Liontrust generates inflows despite Brexit blues
Liontrust reported another quarter of positive flows, combating investor anxiety ahead of the referendum and market volatility following the vote.
-
Asset managers should expect more fee pressure from DFMs – Cerulli
Active asset managers can expect growing pressure on fees from DFMs, according to a study from data company Cerulli Associates.
-
Walker Crips reports doubling of profits
Walker Crips’ year end results showed strong growth in pre-tax profit, AuM and gross revenue even after factoring in £0.8m in exceptional costs.
-
GAM makes UK acquisition in defiance of Brexit worries
GAM, the acquisitive Swiss asset manager, has made another move. It announced today it bought the UK-based multi-strategy systematic manager Cantab Capital Partners for $217m (€195m).
-
Life companies still vulnerable despite share rally
Companies in the life insurance sector will continue to be vulnerable to further market shocks in the aftermath of the Brexit vote despite a rally in shares, research has shown.
