Hargreaves suffers from FTSE 100 slump as assets hit £86bn
Hargreaves Lansdown was swept up in the FTSE 100 sell-off on Tuesday, despite posting a strong set of first half results, including £3.34bn of net new business.
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Mattioli Woods reports strong rise in revenues
Aim-listed wealth management firm Mattioli Woods has reported a 17.9% jump in its revenues for the six months to end of November last year and has hiked its dividend as a result.
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Columbia Threadneedle’s property head Jordison to retire
Don Jordison, managing director of Threadneedle Property Investments, is to retire and leave Columbia Threadneedle on 1 May.
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Global markets plunge after Dow Jones drop
European and Asian markets tumbled this morning after the Dow Jones took its biggest hit in six years.
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Brooke and Morton shove incumbents from income league table
Difficult markets bring reversal of fortunes for Schroders, Marlborough and Chelverton UK equity income funds
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Woodford-backed Prothena’s shares dealt another blow
Prothena’s shares slipped 16% on Monday, as markets reacted to the firm’s announcement that its chief medical officer (CMO) had stepped down.
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Is this the end for bitcoin?
Since the new year, the cryptocurrency bitcoin has faced extreme volatility, and last week, it suffered further setback. But is this just a temporary blip or could this be the end for bitcoin?
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Winterflood cuts Temit after manager departure
Winterflood Investment Trusts has removed the Templeton Emerging Markets Investment Trust (Temit) from its recommend list of funds until the future direction of Franklin Templeton’s emerging markets team becomes clearer.
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Skerritts launches ‘careful’ growth fund
Skerritts has launched what it claims to be the first ‘careful’ growth fund available to UK investors under the Esprit brand name.
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Woodford: Owning Capita was a mistake but not now
Days after Capita saw its shares plummet more than 40%, Neil Woodford has said he will not abandon his holdings in the business process outsourcing firm, even though “it has been a poor investment”.
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FE’s MPS passes through £1bn AUM
FE’s model portfolio service (MPS), FE Invest, has passed through the £1bn assets under management mark, a little under three years since its launch in March 2015.
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Ascot Lloyd appoints Bentley as investment committee chairman
Ascot Lloyd has appointed Graham Bentley as independent chairman of its investment committee.