Ruffer admits to ‘disappointing’ returns in results
Ruffer Investment Company posted an increase net asset value in its half-yearly report, but admitted to “disappointing” returns from being too cautiously positioned throughout 2017.
Results
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Miton sees 32% jump in assets
The AIM-quoted Miton Group today announced its assets under management (AUM) rose some 32% over the calendar year, from £2.9bn at the end of 2016 to £3.82bn at 31 December 2017.
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Rathbones’ funds up 14% as unit trust flows boom
Rathbone Brothers revealed a “robust” set of trading numbers on Thursday with funds under management up 14.3% on the year previously.
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Soaring tech stock valuations are ‘normal’
The soaring value of technology stocks is simply “normal fare” rather than a bubble, according to the team behind Polar Capital’s leading tech trust.
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Ashmore sees strongest net inflows in four years
The emerging market specialist Ashmore Group has reported a $6.3bn (£4.7bn) surge in assets under management during the quarter ended 30 September 2017.
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Liontrust assets boosted 50% by ATI acquisition
Liontrust’s assets under management jumped almost 50% during the six months to 30 September, boosted by its acquisition of Alliance Trust Investments (ATI) in April.
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Schroders’ AUM hits fresh highs
Schroders continued to grow AUM in the first half of 2017, with net inflows of £800m according to its half year results.
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Good times roll on for Liontrust as profits rise 18%
Asset manager Liontrust has reported a profit rise of 18% and hailed its seventh consecutive year in the black as it reported full-year results.
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HL chairman Evans to step down
Mike Evans, chairman of Hargreaves Lansdown, has announced he will be stepping down as soon as a successor has been identified.
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Rathbone Brothers makes hay in first quarter with bumper asset growth
Wealth manager Rathbone Brothers has reported a 4.7% rise in funds under management to £35.8bn in the first quarter, driven by market gains.
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SJP takes £2bn net new money in Q1
St James’s Place (SJP) has reported net inflows of £1.99bn in the first quarter, bringing assets under management (AUM) to £79.84bn.
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LGIM posts 20% rise in AUM
Legal & General Investment Management (LGIM) has posted a 20% rise in AUM to £894.2bn as it remains committed to low-fee investing against continued pressure from industry forces.
