Odey Asset Management partners face hefty tax bills after court ruling
Firm’s founder Crispin Odey is not among the 17 executives who were part of a partnership pay plan
Companies
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Weekly outlook: Kingfisher full-year results; UK unemployment and inflation figures
The key events for UK wealth managers for the week starting 22 March
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SJP partner firm acquires Manchester financial planner
Deal is a ‘significant milestone’ for its growth strategy
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Hargreaves Lansdown anticipates profit boost from Gamestop mania
D2C platform expects to exceed analyst expectations on profit
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River and Mercantile eyes aggressive cost-cutting to revive anaemic profit margins
Pre-tax profits plunged 15% to £6.2m in the last six months of 2020 while margins slid to 18%
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London IFA ropes in former M&G equity boss for ambitious growth plans
MWA Financial is planning to acquire a number of advice firms over the next three to five years
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Weekly outlook: Trio of central bank policy decisions; full-year results for Antofagasta and OSB
The key events for UK wealth managers for the week starting 15 March
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Coronavirus weekly round-up: Schools re-open on International Women’s Day and ECB speeds up asset purchases
Four investors mull the events shaping portfolios over the past week
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Rory Bateman: How Schroder British Opportunities is capitalising on the UK’s industrial recovery
Recently launched trust’s manager on why industrial and construction businesses are bouncing back
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Gresham House AUM powers to £4bn on real assets growth
Firm notes strong ‘organic’ growth across housing, forestry, sustainable infrastructure and new energy strategies
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Brooks Macdonald AUM hits record £15.5bn as outflows slow
Net outflows dropped to £367m for the six months to end of December from £506m the year before
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Bambos Hambi assumes CIO role at Quilter Investors as parent firm restructures
Hambi was named as CEO in June last year