7IM brushes off Covid market woes as assets jump 24%
‘2020 was, without exaggeration, one of the most challenging years in economic, social and financial history’
Companies
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Lindsell Train founders pocket £35m in sluggish year for fund boutique
FUM grew by just 6% in 2021 compared to 32% spike the year before
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Weekly outlook: Boohoo and Next results; UK GDP update
The key events for UK wealth managers for the week starting 27 September
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Coronavirus weekly round-up: Supply chain issues hit BP and Tesco petrol stations and Fed signals start of tapering
Three investors mull the events shaping portfolios over the past week
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Investec wealth business sees assets climb 10% in five months
UK business expects adjusted operating profit for six months to end of September to be at least 125% higher than year before
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Vanguard’s charitable arm donated £130k to ‘hate group’
As defined by the Southern Poverty Law Centre, while the UK’s Hope Not Hate has similar views
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Small and cyclical UK names lead the way, but for how long?
The past 18 months has seen smaller companies and cyclical names perform well, but is now the time to take profit?
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£20bn family office closes in on merger with US advice giant
London-based Alvarium Investments set to merge with Tiedemann Advisors and go public
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Sanlam sells UK wealth operations to US investment firm for £140m
Part of the South African firm’s strategy to simplify its business across Britain
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Somerset profits plunge by a third as Covid continues to hit revenues
Members divvy up £9.7m in 2021 amid profit squeeze
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Weekly outlook: BoE rate decision and Investec trading announcement
The key events for UK wealth managers for the week starting 20 September
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Coronavirus weekly round-up: Boris Johnson’s ‘autumn and winter plan’ and CPI surges to 3.2%
Four investors mull the events shaping portfolios over the past week
