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
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JP Morgan analysts flag key-man risk and valuation method for fund boutique
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Jupiter and Schroders are forecast to report more outflows in Q2 as many retail giants struggle to retain assets.
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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.
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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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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.
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