Rolls Royce cuts dividend, shares surge
You know things have been pretty bad when a dividend cut sees a stock’s shares jump 13%.
Companies
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OMW lifestyle trust targets growing IHT market
As HMRC remains focused on new rules for inheritance tax and trusts, Old Mutual Wealth has responded to calls for greater IHT flexibility with its newly launched lifestyle trust.
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Strong 2015 inflows provide momentum for challenging 2016 – Henderson
Henderson announced a 13% jump in AUM for the full year to end December 2015, on the back of record net inflows.
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Rio Tinto shares slide as FTSE falls
Rio Tinto’s shares have fallen sharply on the release of a lacklustre set of results.
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RLAM´s 2016 growth plans on track despite tough climate
Royal London Asset Management remains undaunted by the current tough market conditions.
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Allianz GI to buy Rogge Global Partners from Old Mutual
Allianz Global Investors is set to purchase £24.1bn fixed income house Rogge Global Partners (RGP) for an undisclosed sum.
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Julius Baer admits US tax evasion, pays $547m
Swiss private bank Julius Baer said it has reached a deal with the US Department of Justice to pay $547m to settle tax evasion allegations, and at the same time two former Julius Baer bankers pleaded guilty to helping American clients dodge taxes.
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Portfolio Adviser Wealth Manager Awards: The winners revealed
On 4 February, the UK’s top fund pickers and asset allocators were crowned in a gala ceremony in London’s Mayfair for the prestigious PA Wealth Manager Awards 2016.
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It is time for advisers to fully embrace technology – Nucleus
The ‘industrial revolution’ in technology will continue to overturn both client expectations and the demands they make of financial services firms, says Nucleus CEO David Ferguson.
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Tilney Bestinvest buys Ingenious AM
Tilney Bestinvest has struck a deal to buy Ingenious Asset Management for an undisclosed sum.
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Most HNWs to invest more in 2016 – deVere
Three-quarters of high-net-worth (HNW) individuals plan to increase contributions to their investment portfolios in the first half of 2016, according to a poll by the deVere Group.
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Shell shares leap despite 80% profit slide
Shares in Royal Dutch Shell climbed 6.4% on Thursday morning as the company revealed full year profits down 80% on the previous year to $3.8bn.
