Woodford investors take aim at Hargreaves Lansdown
As company reports a strong quarter and CEO Chris Hill announces his retirement
Companies
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Nick Train flags ‘shift in investor preference’
As Finsbury Growth and Income Trust celebrates ‘quarter of improved relative performance’
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Advanta adds £100m AUM with trio of Scottish acquisitions
The advice group has also opened an office in Dundee as it looks to increase its presence north of the border
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Premier Miton AUM drops nearly 25% in a year
Investors pulled £1.1bn with fixed income funds one of the few bright spots
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Signia Wealth inks management buyout
Founder John Caudwell has stepped down 13 years after setting up the company
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Clients pull £845m from Polar Capital
As assets under management plunge £3.3bn in six months
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Brooks Macdonald FUM drops £1.8bn in nine months
Inflows of £200m could not offset negative market movements which took FUM back to March 2021 levels
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One Four Nine Group hit £1bn AUM after buying sixth advice firm
And secures financing to ‘avail of further acquisition opportunities’
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UK property is ‘essentially uninvestable’
As Columbia Threadneedle shutters its Paif and feeder fund
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Paul Feeney exits after 10 years as Quilter CEO
Steven Levin will assume the top job on 1 November
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Beesley plans to restructure Jupiter funds and split CIO role
Details of new CEO Matthew Beesley’s plans to reshape asset manager start to emerge
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FCA fines broking firm for 56,000 reporting failures
Sigma Broking left ‘potential market abuse’ unreported; FCA metes out fines and bans