Greenlight to fold two Share Centre funds into Investec strategies
With investors set to vote on fate of third multi-manager fund at EGM on 30 March
With investors set to vote on fate of third multi-manager fund at EGM on 30 March
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M&A in the platform space has been ramping up
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Hargreaves landed £420m worth of business from investment trust earlier in the year
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Asset managers continue to offload retail savings schemes to platforms
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Move would have seen maker of Dove soap and Marmite drop from FTSE 100
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Dividend cover ratio among the UK’s top 350 firms more than doubled over the past year, hitting a three-year high, research has found.
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St James’s Place and Standard Life Aberdeen have been backed as top buys by several stockbrokers, amid gloomy predictions for the asset management sector generally.
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Neil Woodford-backed ITV saw shares fall 6% today, making it the worst performer in the FTSE 100 index, after it posted its full-year results for 2017.
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A weak pound and the synchronised global recovery helped boost revenues and profitability among UK-listed companies to record highs, according to The Share Centre’s latest Profit Watch UK report.
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Average weekly household spending rose to its highest level since 2006 for the financial year ending 2017, as retail sales for December declined.
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The Share Centre’s multi-manager co-head Sheridan Admans is ignoring the noise around Neil Woodford’s short-term performance and upping his exposure to the mega manager’s equity income fund and Patient Capital trust.
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Which funds were investors’ favourites during a month that has a reputation to be the most volatile? Portfolio Adviser looks at The Share Centre’s statistics to see which vehicles were the most traded in October.
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