Cathie Wood’s ARK expands to Europe despite poor performance investment Cathie Wood’s ARK has expanded to Europe, launching its first exchange traded funds on the London Stock Exchange. An analysis by Morningstar earlier this year found that ARK had destroyed $14bn in wealth over the past decade, topping the list of wealth destroyers among investment companies. “These funds managed to lose value for shareholders even [...]
The newest finfluencer in town: Neil Woodford Asset management The former Woodford Equity Income fund manager launched a new blog yesterday called Woodford Views, aiming to "shed some light" on what led to his firm's collapse.
Segro hikes rents and eyes expansion following fundraising property In the first three months of 2024, the real estate investment trust invested £99m in new developments, with £600m total expected to be spent throughout the year, it said in a trading update.
Home REIT set to sue former investment manager as shareholders circle April 18, 2024 Home REIT has threatened to sue its former fund manager Alvarium today as it faces its own legal challenge from a group of shareholders who claim to have been misled.
AJ Bell customers pass half a million as investors flock to low-cost platform April 18, 2024 The number of AJ Bell customers has surpassed half a million, up from under 200,000 when the company listed in 2018.
ESG is ‘dying’ – but that might be a good thing, says Blackrock’s former green chief April 18, 2024 Tariq Fancy says Blackrock's
Billions vanish from retirement funds after pension providers shutter April 17, 2024 FSCS was able to pay back about £1.2bn in compensation over the last five years, meaning that investors were left with up to £800m in lost pension funds.
Brooks Macdonald outflows surge to £300m as cost-cutting pays off April 17, 2024 Investors in Brooks Macdonald pulled £300m from the asset manager's funds last quarter, much higher than previous months.
Urban Logistics REIT boosts rental income after failed Abrdn trust bid April 17, 2024 Real estate investment trust Urban Logistics has seen rents jump significantly across its properties, as the warehouse owner recovers from its failed M&A bid earlier this year.
Liontrust continues to struggle with investor outflows despite positive fund returns April 17, 2024 Investors continued to pull money from Liontrust’s funds in the first quarter of 2024. In a trading update issued this morning, the asset manager said it had recorded £1.2bn in outflows during the first quarter of 2024. Despite the massive withdrawals, the company’s assets under management stayed flat during the quarter at £27.8bn. A total [...]