Charles Stanley profits rise despite hit from FSCS levy
Charles Stanley reports record revenues despite £2.6m being paid as the FSCS levy in January.
Charles Stanley reports record revenues despite £2.6m being paid as the FSCS levy in January.
Wealth advisers Towry sees record income, profitability and discretionary assets under management.
Wholesale business at Standard Life Investments more than doubled in the first half of 2011.
GAMs assets under management dropped 5% to CHF50.7bn and net new inflows sunk to CHF0.4bn.
UBS has confirmed the details of its £1.5bn cost-cutting plans with staffing levels set to reduce.
Investors looking to safe haven assets may find they are not necessarily safe over the long term.
The OECDs gross domestic product slowed to 0.2% in Q2 2011, down from 0.3% in the previous quarter.
Jupiter’s half-year results report an increase in assets under management and reduced debt levels.
Liontrust Asset Management Q2 net sales have dipped to £13m.
Gartmore purchase pulls Hendersons first half results into the red.
Witan revenue earnings per share for H1 rose 22%.
Profits for St James’s Place’s distribution arm were zero in H! 2011 thanks to the costs of RDR.