Companies
Consumer Duty Risks Drive Hargreaves Lansdown And AJ Bell 'Sell' Rating From UBS
Markets - Published date: .
UBS has launched its research coverage of platform providers AJ Bell and Hargreaves Lansdown with a ‘Sell’ rating,... Read more
FCA Takes Aim At Wealth Managers Over High-risk And High-fee Products
Markets - Published date: .
The Financial Conduct Authority has slammed wealth management and stockbroking firms over practices that the regulator... Read more
UBS Offers First AT1 Bonds Since Credit Suisse Takeover
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UBS has issued its first Additional Tier 1 (AT1) bonds since taking over Credit Suisse in March, when $17bn worth of t... Read more
Marlborough Group Gets £5.5bn ACD Mandate From Evenlode
Markets - Published date: .
Evenlode and Marlborough Group have signed a letter of intent to appoint Marlborough’s Investment Fund Services (IFS... Read more
Pridham Report: BlackRock Remains On Top Even As Net Sales Sag 40%
Markets - Published date: .
BlackRock has maintained its top spot in the latest Pridham Report, even as its net retail sales for the third quarter... Read more
Abrdn Seeks To Reassure Shareholders After AGM Pushback
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abrdn has met with a number of shareholders after five resolutions received less than 80% of votes cast in their favou... Read more
Premier Miton To Acquire Tellworth Investments
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Premier Miton Group has struck a deal to acquire UK equity boutique Tellworth Investments for up to £9m. Read more
Amundi Posts €13.7bn Inflows In Q3 Driven By Passives
Markets - Published date: .
Amundi has reported net inflows of €13.7bn for the third quarter of 2023 across all client segments. Read more
Fidelity Investments And Jupiter Among Fund Houses Hit By CAB Payments Sell-off
Markets - Published date: .
Fidelity Investments, Jupiter, Chelverton Asset Management and Polar Capital are among a raft of asset managers hit by... Read more
Brook Asset Management Begins Wind-up Process
Markets - Published date: .
Odey Asset Management subsidiary Brook Asset Management is set to be dissolved as a company, according to Companies Ho... Read more
GAM Agrees CHF 100m Loan With Core Shareholder
Markets - Published date: .
GAM has finalised a deal with Rock Investments SA, which will see the latter provide CHF 100m in financial support to ... Read more
Man Group AUM Surpasses $160bn For The First Time
Markets - Published date: .
Man Group assets under management reached an all-time high in the last quarter on the back of $700m net inflows into i... Read more
Rathbones Flows Fall Flat As Investec W&I Merger Completes
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Flows into Rathbones Group fell to just £100m in the third quarter of 2023, compared to £400m in the same period las... Read more
H2O AM Makes Further Cuts To Side Pocket Fund Valuations
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H2O Asset Management has further cut the valuation estimates of its side-pocketed range of funds, following a previous... Read more
Tatton Assets Jump Nearly 8% On The Back Of £900m Inflows
Markets - Published date: .
Tatton Asset Management has attracted over £900m in net inflows over the last six months, as assets under management ... Read more
LSEG On Track To Meet Growth Targets Due To Strong Analytics Performance
Markets - Published date: .
The London Stock Exchange Group (LSEG) said it is on track to meet the top end of its forecasts for the year, as data ... Read more
Growth Slows At Hargreaves Lansdown As Investor Confidence Falters
Markets - Published date: .
Hargreaves Lansdown has posted lower growth across the business in the third quarter of 2023. Read more
AJ Bell Sees £4.2bn Net Platform Inflows Against 'challenging' Backdrop
Markets - Published date: .
AJ Bell platform net inflows for its financial year ended 30 September 2023 were £4.2bn, down from £5.8bn last year,... Read more
Peel Hunt Reiterates Liontrust 'Buy' Rating Despite £1.6bn Quarterly Outflows
Markets - Published date: .
Peel Hunt has restated its ‘Buy’ rating for Liontrust, after the asset manager reported a 6.3% drop to its assets ... Read more