Mattioli Woods reports strong rise in revenues
Aim-listed wealth management firm Mattioli Woods has reported a 17.9% jump in its revenues for the six months to end of November last year and has hiked its dividend as a result.
News
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Columbia Threadneedle’s property head Jordison to retire
Don Jordison, managing director of Threadneedle Property Investments, is to retire and leave Columbia Threadneedle on 1 May.
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Global markets plunge after Dow Jones drop
European and Asian markets tumbled this morning after the Dow Jones took its biggest hit in six years.
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Brooke and Morton shove incumbents from income league table
Difficult markets bring reversal of fortunes for Schroders, Marlborough and Chelverton UK equity income funds
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Woodford-backed Prothena’s shares dealt another blow
Prothena’s shares slipped 16% on Monday, as markets reacted to the firm’s announcement that its chief medical officer (CMO) had stepped down.
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Winterflood cuts Temit after manager departure
Winterflood Investment Trusts has removed the Templeton Emerging Markets Investment Trust (Temit) from its recommend list of funds until the future direction of Franklin Templeton’s emerging markets team becomes clearer.
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Skerritts launches ‘careful’ growth fund
Skerritts has launched what it claims to be the first ‘careful’ growth fund available to UK investors under the Esprit brand name.
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Woodford: Owning Capita was a mistake but not now
Days after Capita saw its shares plummet more than 40%, Neil Woodford has said he will not abandon his holdings in the business process outsourcing firm, even though “it has been a poor investment”.
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FE’s MPS passes through £1bn AUM
FE’s model portfolio service (MPS), FE Invest, has passed through the £1bn assets under management mark, a little under three years since its launch in March 2015.
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Ascot Lloyd appoints Bentley as investment committee chairman
Ascot Lloyd has appointed Graham Bentley as independent chairman of its investment committee.
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AJ Bell slices MPS charge 40% amid asset allocation changes
AJ Bell has lowered the annual management charge (AMC) on its managed portfolio service, as it moves toward a new in-house strategic asset allocation approach.
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Aberdeen Standard and Fidelity named ‘worst of the worst’ in Bestinvest report
Aberdeen Standard Investments and Fidelity have been named and shamed as the worst performing groups in Bestinvest’s bi-annual Spot the Dog report.
