Lloyds puts dividend back on the table
Lloyds Banking Group has laid the groundwork for reinstating its dividend for the first time since the global financial crisis took hold six years ago.
Lloyds Banking Group has laid the groundwork for reinstating its dividend for the first time since the global financial crisis took hold six years ago.
In response to government pension reforms, Threadneedle has launched a new fund lead by fund manager Toby Nangle.
AXA Investment Managers is closing its £7.3m Sterling Gilt Fund as of 8 September.
The recent news that a number of major fund groups have found their lead times on fund sales have increased reflects the trend we are seeing towards more advisers using our discretionary fund management (DFMs) and model portfolio services. So why is this change happening?
Barclays overall customer deposits have been held back by reductions in wealth and investment management deposits, the bank said in its half-year report.
According to the asset manager, strong growth in net inflows was helped by a successful diversification into fixed income.
In the past six months, Heartwood Investment Management has passed the £2bn mark in assets under management and administration.
St James’s Place has seen a 20% year on year growth in new business over the first six months of 2014, despite losing nearly 10% in profit due to regulatory changes.
Fresh IMA statistics revealed that the “Woodford Effect” contributed to the ultimate best-selling IMA sector in June, the UK Equity Income sector.
As has been much trumpeted by the government and its media advisers, UK economic growth is projected to be the strongest among all developed countries this year.
CEO of Royal London, Jon Taylor, is joining Ascentric in January 2015 as managing director.
Aberdeen Asset Management was hit by £5.5bn net outflows in the three months up to 30 June, the company said in its 9 month interim management statement.