Outflows hit Charles Stanley, Brooks and Rathbones IM in Q3 2020
But unit trust business at Rathbones enjoys annualised growth of 19.6%
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RWC enjoys bumper asset growth after winning £3.5bn SJP Woodford mandate
AUM spikes 40% to £15.6bn after being broadly flat the year before
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Will other fund houses follow M&G wealth management push?
‘Clearly buying a much less volatile earnings stream could have its advantages’
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Seneca boss David Thomas to step back in MGIM takeover
Momentum aims to better tap into UK advisers through £4.7bn AUM deal
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Takeover bid for Link adds more uncertainty for Woodford investors
Pacific Equity Partners and Carlyle Group offer to buy Australian parent for £1.6bn
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Dambisa Moyo: DFMs should have at least 10% exposed to China
Video: Economist and author talks China, technology and the investment schism between baby boomers and millennials
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Weekly outlook: Jupiter, Blackrock and Man Group update markets
The key events for UK wealth managers for the week starting 12 October
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Coronavirus weekly round-up: Donald Trump returns to the White House; UK pubs face closure as GDP disappoints
Four investors mull the events shaping portfolios over the past week
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Hargreaves Lansdown hails ‘pleasing’ flat inflows as Covid and Brexit dampen investor sentiment
Sluggish net new business could weigh on D2C firm’s ‘already high valuation multiple’
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Liontrust and Impax defy Covid crisis by smashing through £20bn AUM barrier
Liontrust AUM does not include acquisiton of Architas or recent offloading of Asia Income team
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Nick Kirrage among fund managers providing seed funding for new D2C platform
Tillit founder Felicia Hjertman has also brought former Baillie Gifford colleagues on board
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Fidelity International acquires low-cost D2C platform Cavendish
Fundsnetwork already powers the Cavendish investment platform