Analysts divided on Hargreaves ahead of platform study
JP Morgan Cazenove has downgraded Hargreaves Lansdown arguing its high price tag fails to reflect regulatory uncertainties, while Numis Securities has argued the retail platformer is a “structural growth story” with room for further earnings growth.
Polar Capital and Liontrust carried by rising markets
Rising markets accounted for more than half of the growth in total assets at boutique managers Polar Capital and Liontrust over the last quarter.
Fidelity Japan touted as cheap alternative to Baillie Gifford
Fidelity Japan Trust has been pushed as a cheap alternative to a Baillie Gifford investment trust as industry veteran Sarah Whitley prepares to retire.
Tensions simmer over definition of impact investing
Impact investing, as a dedicated niche of sustainable investing, is under threat by greenwashing from mainstream asset managers, specialists warn.