RLAM inflows up despite referendum
Royal London Asset Management managed to generate a significant rise in net flows in the first half of 2016 despite the outflows seen across the asset management industry in the run up to the Brexit vote.
Results
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Brewin underpinned by strong discretionary flows
Brewin Dolphin has reported a 3.5% increase in discretionary funds to £26.8bn during its third quarter.
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European Wealth Group’s losses mount after buying spree
European Wealth Group slid to a £1m loss for the 2015 calendar year having recorded a £0.3m loss in 2014.
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Charles Stanley cuts losses by £5.8m
Charles Stanley reported today it had reduced its total losses to around £300,000 for the year ended 31 March, a significant improvement on the £6.1m loss the previous year.
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Tilney Bestinvest reveals first full year results
Tilney Bestinvest has reported profit of £17.6m for the 12 months to 31 December 2015, its first full year since the merger in August 2014.
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Brewin Dolphin in “hiring mode” amid profit drop
Undeterred by a sharp drop in pre-tax profits, Brewin Dolphin unveiled plans to expand its discretionary business and said it remains in ‘hiring mode’.
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RLAM flows up significantly
Royal London Asset Management has reported net inflows of £357m, up significantly from the £111m recorded in the first quarter of 2015.
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UBS Wealth adds £11bn of new money
UBS Wealth Management recorded net new money of £11.1bn during the first quarter of the year, the Swiss firm revealed today.
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RBS shares hit by £968m loss and Swiss regulatory troubles
Royal Bank of Scotland shares slid over 2% this morning as the beleaguered bank reported a £968m loss during the first quarter.
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‘Respectable’ results see Schroders AUM hit record
Better-than-expected institutional net flows helped push group assets under management to a record £325bn in the first quarter of 2016, Schroders said on Thursday.
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Man Group records $500m inflow despite GLG troubles
Man Group reported net inflows of $500m for the first quarter of 2016, despite its long-only arm struggling under difficult market conditions.
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BlackRock inflows slip during choppy quarter
BlackRock’s inflows in the first quarter of 2016 were close to half the amount in the same period a year prior, the firm reported today.
