Charles Stanley slides to £6.1m loss
Charles Stanley has revealed it slid to a pre-tax loss of £6.1m in the 12 months to 31 March.
Results
-
-
Record year sees Schroders AUM hits 300bn
Schroders assets under management hit the £300bn mark in 2014, the firm announced in its full year results.
-
LGIM positioning for the retirement flood
Legal & General Investment Management expects new business volumes to grow strongly in 2015 as the firm benefits from the ongoing de-risking of defined benefit pension market.
-
WH Ireland suffers 70 drop in profit
WH Ireland saw its pre-tax profit drop by 70% as a “year of transition” took its toll, the firm revealed in its annual results.
-
OMW profits from post RDR landscape
Old Mutual Wealth has reaped the benefits of the changing post-Retail Distribution Review landscape, reporting adjusted operating profit of £227m for 2014.
-
Axa Wealth Intl has moderate FUM growth of
Axa Wealth International has seen modest growth in funds under management which rose by £400m in 2014, despite a “challenging” post-RDR environment.
-
St Jamess Place announces Metro platform
St. James’s Place Wealth Management is to launch a new banking service using Metro Bank as its platform.
-
SLI assets rise 45pc thanks to Ignis
SLI saw its AUM rise by 45% to £245.9bn on the year, with thanks to the acquisition of Ignis.
-
Natixis set to buy French group DNCA
Natixis is in exclusive talks regarding a bid to add French asset manager DNCA Finance to its suite of global investment management affiliates.
-
Mattioli Woods sees discretionary funds rise
Mattioli Woods’ discretionary funds under management have quadrupled to £750m as of 31 May from £190m at the same time last year.
-
MG profits up pegs back outflows
M&G has more than halved its UK outflows to £512 million in the first six months of 2014 versus £1.2 billion during the same period in 2013.
-
Old Mutual Wealth profits up on platform growth
Old Mutual Wealths net profit rose 11% year-on-year to £120m in the first half of 2014, the company reported.
