WPCT in need of ‘magic wand’ as writedown deals another blow
Controversial cold fusion company is now valued at less than £10m
Controversial cold fusion company is now valued at less than £10m
JP Morgan analysts flag key-man risk and valuation method for fund boutique
Jupiter and Schroders are forecast to report more outflows in Q2 as many retail giants struggle to retain assets.
JP Morgan Cazenove has downgraded Hargreaves Lansdown arguing its high price tag fails to reflect regulatory uncertainties, while Numis Securities has argued the retail platformer is a “structural growth story” with room for further earnings growth.
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.
Tom Skinner has stepped up from his position as a senior research analyst at JP Morgan Cazenove to become head of research with Dexion Capital.