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
Platform provider also posts a 21% increase in revenue for the six months to end of March
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It was the third top selling fund group in Q1 with £924m of net retail sales
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SJP attracts £2.9bn of net inflows, while Schroders buoyed by funds business
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Charles Stanley ‘cautiously optimistic’ worst of pandemic is over while Brooks Macdonald ‘on track’ to meet expectations
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The merger of two firms in November last year has cost £4.5m
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Asset manager that spun out of Investec also suffers loss of institutional mandates in global strategies
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Wealth management division suffered fall in profits but AUM increased
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Comes after ONS revealed record spike in household savings in Q2
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But unit trust business at Rathbones enjoys annualised growth of 19.6%
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Liontrust AUM does not include acquisiton of Architas or recent offloading of Asia Income team
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The key events for UK wealth managers for the week starting 17 August
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‘It was essential that we learnt from the experience surrounding the Woodford issue last year’
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