Weekly outlook: Boohoo results and a brighter outlook for mortgages
Key events for UK wealth managers for the week starting 26 September
Mortgage
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Brown Shipley recruits deputy CIO and private client director
Brown Shipley has broadened its roster with the addition of a deputy chief investment officer and a private client director.
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Twentyfour mortgages trust share placing opens
Twentyfour Asset Management’s third listed fund, the UK Mortgages Trust, announced the start of its share placing and the opening up to offers of subscription on Wednesday.
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Scottish mortgage to dip into reserves to meet dividend target
Baillie Gifford’s Scottish Mortgage Investment Trust is to dip into its revenue reserves in order to meet its final dividend target, the company’s annual report revealed.
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Twenty Four AM planning UK mortgage trust launch
TwentyFour Asset Management is planning to launch a UK residential mortgage investment trust to be managed by Ben Hayward and Douglas Charleston.
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treat us mortgage and europe debt crises separate
Investors need to ensure they make what is a very clear distinction between the US mortgage crisis and the European sovereign debt crisis rather than lumping them both together under a ‘global financial crisis’ heading.