AJ Bell posts 22% AUA increase despite ‘unhelpful’ Budget uncertainty
AJ Bell’s investments arm saw £1.5bn net inflows in the year to 30 September
Annual Results
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Brooks Macdonald sells international arm to CGWM as it seeks to simplify business
‘We are redefining our strategy to reignite growth’, incoming CEO Andrea Montague said in the firm’s annual results
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VSA Capital Group posts ‘extremely disappointing’ losses of £2.7m
Cash also fell 82% as the company’s debts rose to £0.6m
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M&G mulls future expansion with boutique acquisitions
Portfolio Adviser speaks with CEO Joseph Pinto following the publication of the firm’s results last week
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Majedie returns 26.2% following manager appointment
Trust appointed Marylebone Partners as investment manager in January
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Brooks Macdonald profits dip 12.2% despite £1.3bn MPS inflow
Underlying profits dropped to £30.3m from £34.5m for the year to 30 June
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M&G launches redundancy scheme to cut staff costs by 10%
Group AUM jumps to £352bn despite ‘challenging’ environment for retail business
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LGIM net flows double on £37bn Japan passive mandate
World’s largest pension fund helps group’s assets under management hit £1.2trn
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Openwork delivered record profits ahead of Woodford hiccup
‘The next stage for Openwork is to be able to produce that pricing power’
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Nucleus profits jump in tough year for platforms
CEO describes market outlook as positive for ‘better quality advisers’
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Axa IM posts £5bn outflows after losing key mandate
Redemptions overshadow record year for alternatives
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Premier warns of Brexit impact as outflows intensify
Redemptions at the asset manager are up 7%