AJ Bell boosts tech spend after platform outage on vaccine announcement
Platform provider also posts a 21% increase in revenue for the six months to end of March
company results
-
-
Liontrust expects to ‘significantly’ beat full-year profit expectations
It was the third top selling fund group in Q1 with £924m of net retail sales
-
SJP and Schroders assets set record highs in Q1 on investor confidence bump
SJP attracts £2.9bn of net inflows, while Schroders buoyed by funds business
-
Charles Stanley and Brooks Macdonald grow assets despite Covid pressure
Charles Stanley ‘cautiously optimistic’ worst of pandemic is over while Brooks Macdonald ‘on track’ to meet expectations
-
Premier Miton sees profits dented and net outflows following merger
The merger of two firms in November last year has cost £4.5m
-
Advisers fail to stymie Ninety One’s first half-yearly outflow in three years
Asset manager that spun out of Investec also suffers loss of institutional mandates in global strategies
-
WH Ireland’s aggressive cost cutting pays off with first half-year profit for five years
Wealth management division suffered fall in profits but AUM increased
-
AJ Bell rides consumer savings wave as assets hit £57bn
Comes after ONS revealed record spike in household savings in Q2
-
Outflows hit Charles Stanley, Brooks and Rathbones IM in Q3 2020
But unit trust business at Rathbones enjoys annualised growth of 19.6%
-
Liontrust and Impax defy Covid crisis by smashing through £20bn AUM barrier
Liontrust AUM does not include acquisiton of Architas or recent offloading of Asia Income team
-
Weekly outlook: UK GDP and labour market set to cast a shadow over retail sales and consumer confidence
The key events for UK wealth managers for the week starting 17 August
-
Hargreaves weathers financial impact from Woodford after governance revamp
‘It was essential that we learnt from the experience surrounding the Woodford issue last year’