Jupiter AUM increases despite £1bn outflows from value funds
Value team’s assets shrunk from £8.5bn to £7.5bn over three months to the end of March
company results
-
-
Brooks Macdonald AUM increases despite outflows in Q3 results
Gross outflows remained ‘elevated’ due to challenging macroeconomic backdrop
-
Liontrust suffers £6.1bn net outflows and 11.5% AUM slide in full-year results
Some £4bn of investors’ money left the firm’s UK retail funds and managed portfolio services
-
Tatton Asset Management records 28.4% net flow increase in full-year results
Assets under management stand at £17.6bn
-
M&G’s pre-tax profit climbs 28% in yearly results
Net client flows reached £1.1bn
-
Close Brothers halts dividends amid FCA review into motor finance industry
Comes amid half-year company results
-
Pre-tax profit increases by 18% for Brooks Macdonald in half-year results
However, International arm of the business is undergoing strategic review
-
Abrdn suffers 35% increase in outflows in full-year results
Adjusted operating profit in the investments arm of the business shrunk by 62% in 2023
-
Weekly Outlook: Full-year results for Derwent London and IAG
Key events for UK wealth managers for the week starting 26 February
-
St James’s Place net inflows halve as Jefferies lists stock as ‘buy’
New CEO Mark FitzPatrick will review ‘all elements of the business’ as he plans for 2030
-
Brooks Macdonald MPS assets climb to £3.9bn but firm sees £100m net outflow
BM Investment Solutions offering for advisers contributed to 7.3% rise
-
Liontrust suffers £1.7bn of net outflows in Q4 due to ‘negative investor sentiment’
The firm’s UK retail funds and model portfolio service was hardest hit, having suffered a net outflow of £1.4bn