Hargreaves assets rise despite market volatility
Market volatility in Q1 failed to hit Hargreaves Lansdown assets under administration (AUA), which grew 3.1% over the first four months of the year.
Hargreaves Lansdown
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Mark Dampier: ‘Give Woodford at least three years’
Hargreaves Lansdown’s Mark Dampier is backing the struggling Neil Woodford for at least another three years, saying all good active managers have bad times.
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Jupiter battered in downbeat industry forecasts
Jupiter Asset Management is set to see its worst quarterly flows in 19 years on fixed income outflows as analysts paint a bleak earnings picture for fund groups in 2018, despite claims the return of volatility would provide active managers a chance to shine.
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Hargreaves £15m tax case win over HMRC
Hargreaves Lansdown has won a tax tribunal appeal against HM Revenue & Customs that will see around 150,000 investors receive a £15m rebate.
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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.
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HL appoints chair to replace Evans
Hargreaves Lansdown (HL) has appointed Deanna W Oppenheimer as a director with immediate effect and as non-executive chair and chair of the nomination committee, effective from 7 February 2018.
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Five possible IPOs for 2018
Last year was the year that saw global Initial Public Offerings (IPOs) at their highest number since 2007. Rebounding from the lows of 2016, there were almost 1,700 companies floating worldwide during the year. Looking forward, Hargreaves Lansdown (HL) has outlined five companies they believe are considering an IPO in 2018.
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UK GDP beats expectations, but growth is lacklustre
The UK economy exceeded forecasts as the gross domestic product (GDP) grew 0.5% in the last quarter of 2017, up from 0.4% in the third quarter.
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Household spending at peak as retail sales drop
Average weekly household spending rose to its highest level since 2006 for the financial year ending 2017, as retail sales for December declined.
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How investors were fooled by the Carillion mirage
Carillion’s investment story, like other firms before it, ultimately evolved into something that sounded too good to be true. Its collapse on Monday raises many questions, namely, at the stage it was in before entering liquidation, who would have even wanted to own it?
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Strategic bond fund sales break £7bn in 2017
Net retail sales of Sterling Strategic Bond funds neared £1.5bn for the second month in a row in November 2017, taking the total raised by the sector for the year to £7.25bn, according to the Investment Association.
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Getting to grips with Priips
After months of planning, EU regulations Mifid II and Priips finally came in to full force last week, but uncertainty around what it means for US funds on platforms remains.