Premier redemptions slow despite ‘difficult’ market
Premier Asset Management delivered positive net flows of £411m and lower redemptions over the first half of the year, despite what it called “a more difficult market environment”.
Hargreaves suffers from FTSE 100 slump as assets hit £86bn
Hargreaves Lansdown was swept up in the FTSE 100 sell-off on Tuesday, despite posting a strong set of first half results, including £3.34bn of net new business.
Shares in Rio Tinto down despite record dividend offering
Rio Tinto has today posted a ‘strong’ set of interim results, boosted by the firm declaring its highest interim dividend of 110 US cents per share.
Concerns abound as Taylor Wimpey and BP smash H1 results
Taylor Wimpey and BP impressed markets today with their interim results, but sector headwinds and cashflow concerns still remain.
Barclays’ loss sparks fears ‘good bank is getting worse’
Barclays seems to have got a handle on its “bad bank”, but it nevertheless swung to a loss over the first half of the year, leaving analysts feeling “the good bank is getting worse”.