Tech firms take a toll on US earnings season
‘Weak outlooks from prominent bell-weather companies are a red flag that should not be ignored’
‘Weak outlooks from prominent bell-weather companies are a red flag that should not be ignored’
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£3.5bn outflows driven by another challenging year for its fixed income funds
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Key events for UK wealth managers for the week starting 31 January
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Priority now is to complete final rollout of new custody and settlement system
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But revamped platform and DFM business deliver strong performances
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Propelled by strong client acquisition
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Wealth manager reports record gross flows of £4bn
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CEO David Esfandi says having backing of private equity house HPS Investment Partners allows firm to build on growth
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More than a 50% increase in ETF AUM over H1 2021 to $13bn
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Comes a week after firm reported 71% jump in AUM for the year to end of March
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Final dividend totalling £400,000 as post-tax profit for the year ended September 30, 2020, hit £1.9m
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But maintains its £23.5m dividend
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