Next has upgraded its full year profit guidance after smashing its Christmas sales period, while Carillion confirmed it is in hot water with the FCA over the timing of company announcements made last year.
Standard Life’s financial planning arm, 1825, has struck a deal to acquire a financial management firm, adding £400m to its assets under advice.
Waverton Investment Management (WIM) has renamed its European Income Fund to the Waverton European Dividend Growth Fund to align it better with the manager’s day-to-day investment approach.
The chairman of a £2.5bn wealth manager believes Britain will benefit from abandoning the European Union and it has a stronger hand in Brexit negotiations than many realise.
Daily Mail & General Trust (DMGT) and Burberry weighed heavy on Nick Train’s Finsbury Growth and Income Trust last November, lowering its net asset value (NAV) by 1%.
Legal & General Investment Management (LGIM) has expanded its equity income range with the launch of the L&G European Equity Income Fund.
Europe’s passive funds will be given a boost in 2018 at the expense of active funds thanks to Mifid II’s drive for cost transparency, according to research firm Cerulli Associates.
As the new year gets underway, Tony Yousefian, senior fund analyst at FundCalibre, identifies five fund managers to watch in 2018.
The world’s best-known cryptocurrency, bitcoin, has suffered yet another setback, tumbling to $13,635 (£10,069) on Tuesday.
Funds exposed to Asia and smaller companies produced the best returns for investors in 2017, according to Shore Financial.
FTSE 100 firm Compass Group has confirmed Dominic Blakemore will become chief executive effective immediately following the sudden death of chief executive Richard Cousins.
As investors head in to the new year, three fixed income fund managers at Kames Capital give their views on what 2018 could hold in store for high yield, strategic bonds and investment grade.
