Schroders posts rise in assets as it looks to rebound from ‘challenging’ year Investing Schroders has reported an uptick in assets under management during the first three months of this year as it looks to rebound from a challenging 2023.
London Stock Exchange owner’s growth meets estimates as it leans into Microsoft data deal Stocks The London Stock Exchange Group (LSEG) has reported first-quarter growth in line with analysts' estimates as it plans to start releasing products from its tie-up with Microsoft in the coming months.
John Neal: Why Lloyd’s of London ‘had to change’ interview John Neal has pushed Lloyd's of London through a major modernisation effort since 2018 as the City faces fears over its future
FTSE 100 today: BHP pounces on Anglo American while Meta drags tech lower April 25, 2024 US stocks saw a slight rise amid volatility. Asian stocks declined as Meta reignited tech sell-off, and the Japanese yen dropped below ¥155. Meta's stock fell 15 per cent, contributing to market turbulence. Despite this, oil and gold prices held steady. Investors now await US Q1 GDP data and earnings updates from Alphabet, Microsoft, Intel and Barclays.
Meta’s stock tanks 15 per cent as AI spending rises, revenue outlook fails to impress April 25, 2024 Shares of Meta, the parent company of Facebook and Instagram, experienced a significant drop of more than 15 per cent during after-hours trading.
Schroders chief Peter Harrison set to retire next year April 24, 2024 The veteran chief of Schroders, Peter Harrison, is set to step down next year after eight years at the helm of the FTSE 100 funds group, the firm announced today.
Weapons investing is ‘ethical’, says Sunak. Is he right? April 24, 2024 Prime Minister Rishi Sunak has defended the private sector investing in the weapons industry as "ethical", as an argument rages over whether sustainable investing can align with the global war industry.
Filtronic shares soar 52 per cent after landing Spacex deal and raising guidance April 24, 2024 Shares in microwave technology firm Filtronics soared as much as 52 per cent on Wednesday morning after it unveiled a new long-term deal with SpaceX's Starlink platform that could make Elon Musk's company a major shareholder.
Abrdn records rebound in flows as boss says cost-cutting is ‘on track’ April 24, 2024 Money manager Abrdn said its cost-cutting programme was “on track” today as its total funds under management ticked up in the first three months of the year ann the flow of cash into the firm rebounded.
Quilter: Wealth manager attracts surge of fresh cash as stock markets rebound April 24, 2024 Wealth manager Quilter has pushed up the amount of cash managed in its funds in the first three months of the year after a surge in fresh inflows and a rebound in global equity markets.