Woodford-backed ITV shares fall 6%
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.
News
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Complex savings environment bolsters SJP’s flows to £9.5bn
St James’s Place (SJP) sees the complexities facing UK savers as an opportunity, its annual results reveal, as its net inflows increased 40% in 2017.
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Franklin Templeton launches absolute return bond fund
Franklin Templeton Investments has launched an absolute return bond fund for UK investors, a sub-fund of its UK-registered Oeic.
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St James’s Place co-founder dies
One of the founders of St James’s Place, Mike Wilson, has died at the age of 74 following a battle with cancer.
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Jupiter ‘boringly concludes’ it doesn’t need to be acquired
Jupiter Asset Management does not need to be acquired, CEO Maarten Slenderbroek has reiterated, but acquiring “talented” businesses in specific areas is not out of the question either.
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Provident Financial’s shares rebound 75% after FCA settlement
After touching a 22-year low on Monday, Provident Financial’s share price spiked massively on Tuesday morning, reaching a six-month high of 1,075p, as it resolved one of its investigations with the Financial Conduct Authority (FCA).
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Jupiter spies room for growth as inflows quintuple
Jupiter says it is eyeing growth in global equity and outcome-orientated multi-asset strategies to continue diversifying its business as inflows more than quintuple, according to its annual results.
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Eastspring commits to responsible investing
Eastspring Investments has strengthened its commitment to environmental, social and governance (ESG) investing after signing up to the United Nations Principles for Responsible Investment (PRI).
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FCA resurrects public IFA register
In a move that comes too late for scammed British Steel Pension Scheme (BSPS) members, the Financial Conduct Authority has announced a consultation on a public register of approved financial advisers and other industry professionals.
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Chelverton adds European ‘modern value’ fund to its stable
Chelverton Asset Management is launching a European ex UK equity fund with what it calls a “modern value” investment approach.
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easyMoney takes on Isa market
EasyJet founder Sir Stelios Haji-Ioannou is launching a financial services product called easyMoney ISA on Saturday 24th February.
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Woodford favourite Provident Financial’s shares slink to 22-year low
Provident Financial’s shares have sunk to their lowest point since 1996 as rumours swirled that the firm might include a £500m rights issue in its annual results.
