Currency movements shrink GAMs net inflows and AUM
GAMs assets under management dropped 5% to CHF50.7bn and net new inflows sunk to CHF0.4bn.
Results
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UBS announces headcount cuts across the group
UBS has confirmed the details of its £1.5bn cost-cutting plans with staffing levels set to reduce.
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PA ANALYSIS: How long will safe haven assets remain safe?
Investors looking to safe haven assets may find they are not necessarily safe over the long term.
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OECD GDP growth continues to slow
The OECDs gross domestic product slowed to 0.2% in Q2 2011, down from 0.3% in the previous quarter.
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Jupiter sees assets rise and debts fall
Jupiter’s half-year results report an increase in assets under management and reduced debt levels.
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Liontrust net sales dip to £13m in second quarter results
Liontrust Asset Management Q2 net sales have dipped to £13m.
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Gartmore deal tips Henderson into red
Gartmore purchase pulls Hendersons first half results into the red.
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Witan gains 22% revenue earnings per share
Witan revenue earnings per share for H1 rose 22%.
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St James’s Place profits up though hit by RDR costs
Profits for St James’s Place’s distribution arm were zero in H! 2011 thanks to the costs of RDR.
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Ashcourt Rowans financial planning revenues up 67.6%
The wealth management group reports its first quarter results, noting strong increases over 2010.
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Aberdeen results show flat fund flows with higher revenues
Aberdeen interim results show revenues up and net fund flows flat for its financial year to date.
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Walker Crips increases revenue and AUM
Walker Crips’ quarterly results show an increase in revenues and funds under management on Q1.
