Liontrust falls into red as performance fee revenue collapses June 26, 2024 Liontrust fell into the red this year after investors pulled over £6bn from its funds, up from the already brutal £4.8bn the year before.
Ninety One cuts dividend as assets fall and outflows continue June 5, 2024 "Challenging" market conditions have hurt the asset manager Ninety One.
Premier Milton: Fund manager reports mixed results amid ‘challenging’ environment May 30, 2024 Chair Robert Colthorpe noted that while that had been some recovery in several investment markets, there was "weak industry level net flows" from UK retail and wholesale investors.
Intermediate Capital: Shares hit all-time high as asset manager’s profit more than doubles May 28, 2024 Asset manager Intermediate Capital has raised its dividend for the 14th year in a row on the back of bumper annual earnings.
‘He was a consonant force’: The five best psstk social media posts about Abrdn chief’s exit May 24, 2024 The City has given outgoing Abrdn chief Stephen Bird a vowel-stripped send off today after the fund chief announced he would be stepping down after four years at the top.
Abrdn launches succession plan as chief executive Stephen Bird steps down May 24, 2024 Asset manager Abrdn is on the hunt for a new leader after it announced today that Stephen Bird will be stepping down as chief executive.
Meet the fund manager: Picking the best bonds in the world May 20, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A.
Threadneedle accuses KKR of ‘ram raiding’ UK equities in fallout from IQGeo bid May 19, 2024 Threadneedle has accused KKR of "ram raiding" the London stock market, in the wake of the US private equity firm's takeover of IQGeo.
More than half of Invesco funds performance flagged as an ‘area of concern’ May 15, 2024 Asset managers are required to publish an Assessment of Value report annually by the Financial Conduct Authority.
Evelyn Partners continues streak of inflows in rare asset management success story May 14, 2024 Evelyn Partners recorded a rare success story in the asset management industry, bringing in £300m in new money over the first quarter of 2024. The wealth management and accountancy firm recorded assets under management of £61.8bn by 31 March, up from £59.1bn at the start of the year thanks largely to strong performance. Market movement [...]