Schroders quiet on Lloyds tie-up as intermediary assets slip
Slice of the £109bn mandate would boost sluggish AUM growth
News
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7IM names third CIO in a year
Chris Darbyshire was ousted last year following “strategic differences”
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Chelverton equities duo jack up oil exposure
Managers of recently-launched European Select fund position for capex boost
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Blackrock bags £30bn Scottish Widows mandate
But industry commentators argue it will be ‘a low margin business’
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Baillie Gifford trusts hammered by market sell-off
Tech-heavy Scottish Mortgage sees 16% wiped off its market cap
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Surprisingly strong flows boost Ashmore shares
Emerging market debt leads inflows at the specialist fund house
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Ex-SJP chair becomes sole female on Merian board
Asset manager’s website touts benefits of diversity
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Polar healthcare duo forgo fund profits for £24m shares
Aim-listed manager will issue up to four million new ordinary shares
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Global stock market sell-off hits UK shares
FTSE 100 sheds 1.58% as investors fret over US-China trade war and rising rates
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Hargreaves warns of ‘uncertain market’ as assets hit £94bn
CEO blames weak investor sentiment for industry-wide slowdown in retail flows
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Investors yank £3.1bn from Jupiter
Fixed income remains fund house’s Achilles’ heel as smaller rivals enjoy asset growth
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Post-Brexit temporary permissions to last three years max
FCA will give fund firms three-month window to apply for authorisation