M&G profits halve after investors yank ‘concerning’ £7.7bn from retail funds amid Covid crisis
Net outflows hit over double the £3.8bn pulled in H1 2019
Coronavirus
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Record 20% slump in GDP ‘shows just how badly the UK has handled the crisis’
UK economy fares far worse than the G7 and eurozone during coronavirus outbreak
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Is Europe’s handling of Covid boosting flows into its equity markets?
European equity funds see positive flows for the first time in 28 months
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Helena Morrissey warns of ‘grave damage’ to UK economy as she shifts view on lockdown
SJP non-executive director had previously encouraged investment industry to exploit remote working changes
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Family office falls short after controversial £250m government coronavirus contract
Ayanda Capital had already faced scrutiny for its lack of of experience in government contracts of PPE procurement
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Gam swings to a loss despite aggressive cost cutting as outflows bite
Swiss manager slashes personnel costs by a quarter as it axes over 100 jobs
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Property funds could lose Isa eligibility as FCA mulls 180-day notice period
Investors trapped in open-ended UK property funds have paid £33m in fees during the latest bout of suspensions
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Coronavirus weekly round-up: UK travel restrictions on Spain hit stocks and US deaths pass 150,000
Five investors mull the events shaping portfolios over the past week
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Jupiter profits halved ahead of Merian merger as Covid decimates fees
Asset manager booked zero management fees in the first half of the year
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Coronavirus weekly round-up: Positive results for Oxford vaccine and EU defies doubters with Covid package
Five investors mull the events shaping portfolios over the past week
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Emma Morgan: Investing in uncertain times
Lessons to take from the year so far concern herd behaviour, policy response influence and the opportunity to buy at low prices
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Is the advice sector on a post-Covid collision course?
One in five advisers believes virus crisis will trigger a mass exodus worse than RDR