Premier Milton blames ‘weakening’ UK investment sector for plunge in profits December 5, 2023 Asset manager Premier Milton's profits fell by more than a third in the year ending 30 September as the Square Mile suffers from a drop-off in dealmaking.
Peel Hunt ready for the rebound, boss says as firm slips to small loss December 5, 2023 Investment bank Peel Hunt has swung to a pretax loss as a prolonged period of subdued capital markets activity continues to take its toll.
St James’s Place shakes up investment managers amid fees pressure December 4, 2023 St James’s Place confirmed it has dropped Jacob Rees-Mogg-founded Somerset Capital Management and brought in three new investment managers today in the latest sign of an overhaul at the firm after pressure over its complex fees.
Woodford investors mount final fight against ‘misleading’ £230m compensation scheme December 4, 2023 Burnt investors in Neil Woodford’s collapsed investment fund are mounting a final fight against a proposed £230m redress scheme today as a vote on the payout enters its final hours.
‘I fear for my disabled wife’: How Woodford investors have been impacted December 4, 2023 The fallout from former stock picker Neil Woodford’s collapsed investment fund has shaken the investment world and triggered an almighty spat between investor groups and the regulator.
Does the UK really want Robinhood? December 4, 2023 Robinhood launched a push into the UK this week - but how warmly will it be received by British retail investors?
Abu Dhabi firm buys Nine Elms developer London Square for £230m December 1, 2023 An Abu Dhabi real estate firm has snapped up British property developer London Square today in a £230m deal.
Daily Mail goes green: Paper’s parent firm launches energy transition fund December 1, 2023 The Daily Mail has set its sights on greener pastures by launching an energy transition fund through a new collaboration.
UK fund manager: ‘Gloomy’ London isn’t interested in growth stocks anymore December 1, 2023 Baillie Gifford's funds, which focus on growth, have struggled over the past two years due to high rates and the market environment.
St James’s Place’s troubles present an ‘opportunity’, says rival chief December 1, 2023 The troubles facing St James’s Place have presented an “opportunity” for rivals this year as investors scope out alternative firms in the market, a rival chief has said.