‘Mortified’ Train sticks by Pearson as FGT struggles
Nick Train is refusing to remove troubled publisher Pearson from Finsbury Growth & Income Trust as his fund failed to beat the FTSE All-Share over the half year.
Pearson
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UK fund managers stung by Pearson share plummet
Shares in Pearson plunged 26.8% to 591.8p on Wednesday as the publisher revealed its higher education business has “declined further and faster than expected in 2016.”
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Pearson shares nosedive on poor sales performance
Pearson shares plummeted by 10.2% to 748p Monday morning after the publisher reported a decline in comparable sales over the last nine months.
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RBS shares plummet as it confirms eighth annual loss
Royal Bank of Scotland shares plummeted by 8.5% to 223p as it revealed a £1.98bn loss and postponed its dividend.
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Manager switch round on Jupiter Europa Sicav
Mike Buhl-Nielsen and Stephen Pearson have switched roles on the Jupiter Europa Sicav as Pearson’s responsibilities increase in his role of deputy CIO.