Weekly outlook: UK unemployment, wages and inflation figures; Land Securities and Vodafone full-year results
The key events for UK wealth managers for the week starting 17 May
Companies
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Coronavirus weekly round-up: Elon Musk causes bitcoin furore, UK economy strengthens and US inflation spooks stocks
Four investors mull the events shaping portfolios over the past week
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Hargreaves Lansdown records £4.6bn new business but is wary of post-lockdown lull
FTSE 100 platform provider suspects elevated share dealing volumes may start to flag as lockdown eases
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Brewin Dolphin attracts record quarterly inflows of £1bn
Total discretionary funds were up 11% at £45.7bn
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Scottish Mortgage posts best-ever results but warns against short-term ‘elation’
Co-manager Tom Slater says far longer periods are required to assess the strength of investment approach
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Evenlode gains independence as parent demerges partner companies
Oak Investment Partnership will split into Evenlode, Wise Funds and Wise Investment in July
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Fiercely burning or slowly simmering? US and Europe’s contrasting economic recoveries
US economy is recovering rapidly while Europe is taking longer, but what does that mean for investors?
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Tilney Smith & Williamson to roll out hybrid digital advice service as assets double
Tilney Group closes out 2020 with £51.2bn in AUM following its merger with Smith & Williamson in September
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Schroders flags poor performing multi-manager range in second value report
Latest AoV report finds nine of the FTSE 100 firm’s funds did not consistently demonstrate value
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Rathbones assets inch up as net income jumps 27%
Total net inflows across both business sectors during Q1 were £700m
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What’s in a name: How will Standard Life Aberdeen fare under ‘Abrdn’ moniker?
Ninety One has held up despite a radical rebrand in the middle of the Covid crisis
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SJP announces second merger of partner firms in a week
As the wealth manager reports £135bn of funds under management in Q1 2021