results
Monks Laments 'bruising' Underperformance Period As Managers Reposition Portfolio
Markets - Published date: .
The Monks investment trust has lamented a “bruising period” of underperformance, as the managers seek to repositio... Read more
AJ Bell Reports 'strong' Results With 50% Jump In Pre-tax Profits
Markets - Published date: .
Investment platform AJ Bell recorded a 33% increase in its revenue for its final results for the year, growing from £... Read more
Liontrust Outflows Continue To Mount As AUMA Sinks Below £30bn
Markets - Published date: .
Net outflows hit £3.2bn in the six months to 30 September, as Liontrust’s assets under management and advice sunk w... 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
Brooks Macdonald Funds Business Hit By Outflows As MPS Platform Grows
Markets - Published date: .
Brooks Macdonald suffered from net outflows in the three months to the end of September, driven by its UK funds busine... Read more
Profits Slip At Brooks Macdonald Despite Rising Assets And Revenue
Markets - Published date: .
Profits have dropped at Brooks Macdonald despite a strong year of net inflows and rising funds under management, as to... Read more
Profits Dive 66% At Abrdn Investment Arm As Funds Struggle To Outperform
Markets - Published date: .
Profits across abrdn’s investment arm have fallen 66% over the first half of 2023 while heavy redemptions continue t... Read more
Man Group Pre-tax Profits Drop Sharply On Lower Performance Fee Revenue
Markets - Published date: .
Man Group has posted a significant drop in core and statutory profits before tax in the first half of 2023, as the mar... Read more
India Exim Bank Sees Loan Growth Of 12-15% In FY24
World - Published date: .
The bank said it has a portfolio of 303 state-supported lines of credit, with commitments of $31.85 billion, at various ... Read more
Adani Ents Quarterly Profit Doubles On Airports Business
World - Published date: .
Adani Enterprises Ltd (AEL), the flagship of the Adani Group, said quarterly net profit more than doubled to ₹780 Read more
ICICI Prudential Life's Net Profit Rises 27% In Q4; VNB Jumps 36%
Banking - Published date: .
It has also reported a significant increase in its VNB margins from 28 per cent in FY22 to 32 per cent in FY23 Read more
Despite Layoffs, Accenture Q2 Outlook A Relief For IT Companies
Banking - Published date: .
Accenture's performance was evident among Indian IT stocks, which were up in the early hours of trading Read more
Schroders Private Assets Business Offers Beacon Amid Falling Profits And Assets
Markets - Published date: .
Schroders Capital, the wider group’s private assets business, provided one of the few bright spots across the asset ... Read more
BoBs Net Up 75.4%, Beats Estimates
World - Published date: .
The bank’s gross bad loan ratio, or total bad loans as a percentage of total advances, fell 272 bps y-o-y to 4.53% Read more
Record Profit For SBI In Straight Qtr
World - Published date: .
Net interest income (NII), which is the difference between interest earned and spent, rose 24% to ₹38,068 crore Read more
IndiGo Posts Record Revenue In Q3, Eyes International Foray
World - Published date: .
Indigo said robust demand on account of the peak travel season was the reason behind topline growth Read more
Fixed Income Demand Boosts BlackRock But Lower Fees Weigh On Earnings
Markets - Published date: .
US asset management giant BlackRock saw a record annualised organic asset growth rate of 9% in Q2, driven by record-bre... Read more
Premier Q2 Inflows Shrink To £3m
Markets - Published date: .
Premier Asset Management took in net inflows of £3m against a tough backdrop, according to its Q2 trading update. Read more
Rathbone Brothers Within Reach Of £40bn FUM As Five-year Plan Nears End
Markets - Published date: .
Rathbone Brothers has reported an increase of total funds under management (FUM) of 14.3%, allowing it to reach a new h... Read more
Charles Stanley Warns 'major Regulatory Change' May Impact Third And 'hardest Step' Of Turnaround
Markets - Published date: .
Charles Stanley has said it has achieved the first two steps towards becoming "the UK's leading wealth manager by 2020"... Read more