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
M&A in the platform space has been ramping up
Hargreaves landed £420m worth of business from investment trust earlier in the year
Asset managers continue to offload retail savings schemes to platforms
Move would have seen maker of Dove soap and Marmite drop from FTSE 100
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.
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.
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.
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.
Average weekly household spending rose to its highest level since 2006 for the financial year ending 2017, as retail sales for December declined.
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.
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.