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.
Results
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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.
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AXA Wealth assets up 10
AXA Wealth has grown its assets under management ten percent to £26.7bn over the past 12 months, according to its half year results.
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Barclays deposits held back by wealth business
Barclays overall customer deposits have been held back by reductions in wealth and investment management deposits, the bank said in its half-year report.
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Fines weigh heavy on Credit Suisse earnings
Despite improved cost control and an increase in assets under management, the groups wealth management division saw earnings fall.
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Charles Stanley profits drop 33
Charles Stanleys profits for the year are down 33% to £6.1m, due in part to sinking money into expansion, the company has said.
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Hume Capital reduces losses
Hume Capital reduces loss making to £0.7m in the six months ending 28 February
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Allianz suffers through Pimco outflows
Huge net outflows at Pimco held back performance at Allianz, as reported in its Q1 results.
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LGIM reports 19 inflow drop
Legal & General Investment Management has reported inflows of £3.8bn for Q1 2014
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Co op reveals bank debacle lost it 2 1 bn
Troubled company confirms extent of its losses
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Wealth business steadies Credit Suisse ship
Swiss bank boosted by its wealth arm
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Charles Stanley sounds profit warning
Firm set to miss by at least 10%