Federated Hermes and Fidelity among firms rapped over ‘anti-ESG’ group links
Sponsors of the group are accused of supporting climate denial
Companies
-
-
What did Q2 earnings season tell us about the economy?
Sceptics warn better-than-expected numbers do not reflect inflationary pressures
-
Weekly outlook: Ofgem energy price cap hike looms as Fed convenes at Jackson Hole
Key events for UK wealth managers for the week starting 22 August
-
Private equity-backed wealth manager Skerritts buys advice firm
Adding £330m to AUM with more deals set to complete later this year
-
IWP completes 31st acquisition since 2019
Deal adds £252m of assets under advice
-
Abrdn buys stake in digital assets exchange in crypto push
‘Blockchain technologies are inevitably going to form a big part of the future of financial markets,’ says CEO Bird
-
Evelyn Partners adds sixth advice firm to succession programme
Deal will see four members of staff join the wealth management group
-
M&G celebrates return to net inflows even as AUMA drops £21.1bn
Fund group underscores ambition to ‘become a major player in the UK wealth market’
-
Platform assets plunge as UK teeters towards recession
Providers set to move ‘into markets they’ve not been in before to help alleviate the pressure’
-
One Four Nine bolsters Scotland presence with IFA acquisition
Deal brings AUM to £800m, staff to 70 and clients to around 2,500
-
Aggressive cost cutting cushions Quilter profits from 12% blow to assets
But CEO Paul Feeney warns full-year operating margins could dip if revenue headwinds remain
-
Abrdn swings to £320m loss in H1
As international inflows soften £132bn blow to LGIM’s assets under management