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’
company results
-
-
Gam adjusts profit targets after assets drop by £18bn
£3.5bn outflows driven by another challenging year for its fixed income funds
-
Weekly outlook: Tech titans Meta, Amazon and Alphabet report; BoE and EBC to meet
Key events for UK wealth managers for the week starting 31 January
-
Brewin Dolphin rakes in record £1bn discretionary inflows
Priority now is to complete final rollout of new custody and settlement system
-
Quilter multi-asset arm flows slump 75%
But revamped platform and DFM business deliver strong performances
-
AJ Bell asset climb continues with 21% rise in net inflows
Propelled by strong client acquisition
-
Brewin Dolphin assets leap 20% off performance surge
Wealth manager reports record gross flows of £4bn
-
Canaccord Genuity Wealth Management assets hit £32.4bn
CEO David Esfandi says having backing of private equity house HPS Investment Partners allows firm to build on growth
-
LGIM assets up 7% as investors turn to ETFs
More than a 50% increase in ETF AUM over H1 2021 to $13bn
-
Polar Capital assets hit £23bn propelled by net inflows and market movements
Comes a week after firm reported 71% jump in AUM for the year to end of March
-
Crux AM declares dividend despite revenue fall
Final dividend totalling £400,000 as post-tax profit for the year ended September 30, 2020, hit £1.9m
-
Majedie slashes pay as it reports pre-tax profit drop of £19.7m
But maintains its £23.5m dividend