aberdeen outflows reach 5pt5bn
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.
United Kingdom
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pa analysis how much risk is good risk
Latest ONS figures are positive, but with global conflicts rising on the forefront how much risk should investors take on?
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FCA cautions investors on corporate bond funds
The financial conduct authority has published an alert on corporate bond funds, highlighting the risks associated with such funds.
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Wealth managers unconvinced industry is adapting
A new survey has revealed that just 30% of wealth managers believe the industry as a whole is adapting well to the changing regulatory environment.
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Multiasset fund outflows knock Miton AUM
In the six months to end June, Miton Asset Management saw £258m in outflows from its multi-asset funds.
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FandC Managed Portfolio Trust driven up 9pt3pc
Small and mid-cap and property performance were key drivers, according to the companys latest annual results.
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CBI still bullish on UK economy
The Confederation of British Industry has said the economic recovery in the United Kingdom is showing little sign of slowing down.
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Ashcourt Rowan makes double director hire
Ashcourt Rowan Asset Management has hired Andre Girault and Tim Dickens as investment directors.
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Close Brothers see 4pc rise in AUM over 5mn
The positive results reflected improved demand particularly in property and motor finance sectors, the group said in a stock exchange announcement
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Rathbones profits up as it settles legal dispute
Rathbones profits rose 33% year-on-year despite relatively flat markets the company said in an interim statement.
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Bestinvest adviser Cottrell joins Hargreave Hale
Senior investment adviser at Bestinvest, Jeannette Cottrell, has left the firm and joined Hargreave Hale.
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MPC minutes reveal tipping point approaching
The minutes of the Bank of Englands latest monetary policy committee meeting show a continuation of the build-up toward a tipping point