Charles Stanley sees boost in client funds
Total clients funds were up‚ but costs also rose.
Total clients funds were up‚ but costs also rose.
The usual reasons for owning gold – inflation hedge, rising prices – are being run out of town – no inflation, falling prices – so why should investors still own it?
Charles Stanley Directs Rob Morgan has said the case for gold still exists despite the miserable performance of gold mining equities and a declining bullion price.
The textbook view of markets comprising either defensive or cyclical stocks has been turned upside down due to current valuations, in the view of Rob Morgan, pension and investments analyst at Charles Stanley Direct.
Charles Stanley Q2 2013 revenue was up 31% year on year due to an increase of funds under management and returning investor confidence.
Charles Stanley reported a 17.3% year-on-year increase in investment management fees driven mainly by a surge in discretionary accounts, as investors moved across from their advisory dealing service in their droves, chairman David Howard said today.
Rob Morgan has been appointed as pensions and investment analyst at Charles Stanley Direct and will work out of the firm’s new Bath office.
Psigma Investment Management has hired Charles Stanley private client head Toby Carpenter to take charge of its first regional office in Birmingham.
Charles Stanley has promoted Douglas McNeill to investment director of its new direct- to-client service, Charles Stanley Direct, after three years at the company.
Charles Stanley's interim results showed revenues and profits down while the amount levied against it by the Financial Services Compensation Scheme more than doubled.
Former Hargreaves Lansdown man Ben Yearsley is to spearhead a rival direct-to-client offering for Charles Stanley, in a new role as head of investment research, Charles Stanley Direct.
Stephen Peters goes in search of funds that can provide an absolute return but do not charge a performance fee for providing investors with nothing more than market beta.