The week that was: EVs out of juice, star investors struggle and rate expectations April 6, 2024 Rate expectations, EV sales stalling and one investor losing out on his fairy-tale ending: we review another busy week in business.
Gold funds leapt in March as precious metals took eight of the top 10 positions April 2, 2024 "With the price of an ounce rising almost 10 per cent in March, it’s no surprise seeing gold equities finally coming to the party."
Meet the fund managers: Valuing the human experience April 1, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Obe Ejikeme, manager of Carmignac Portfolio Human Xperience fund. How does your fund stand out from others in the same market? The Carmignac Human Xperience fund focusses exclusively on the importance of both [...]
Asset manager M&G tops City expectations as firm remains ‘on track’ for its 2025 targets March 21, 2024 "M&G has performed very well in 2023," Andrea Rossi, the firm's chief executive said.
Martin Gilbert: Industry must cut failing funds March 18, 2024 Martin Gilbert said the firm saw a clear route into emerging markets "through both acquisition and organic growth."
Martin Gilbert’s Assetco endures ‘exceptionally difficult’ year but signs things are ‘picking up’ March 18, 2024 Chair Martin Gilbert noted the cost savings programme has required the firm to take "significant write-downs", which have impacted results for the year.
Revealed: How much luxury kitchen brand Harvey Jones owed as it was rescued from administration March 13, 2024 How much luxury kitchen maker Harvey Jones owed to its creditors when it rescued out of administration in a pre-pack deal last month has been revealed.
Fidelity International to cut 1,000 jobs – but it’s unclear where the axe will fall March 6, 2024 Fidelity International is set to cut around 1,000 jobs globally, roughly nine per cent of its total headcount, the company announced today.
US asset managers’ split widens over social and environmental issues March 6, 2024 The split between US asset managers on issues around social and environmental policies has continued to widen, according to a new analysis of their proxy voting policies.
Quilter reports growth as bosses celebrate hitting cost-cutting targets early March 6, 2024 Assets under management and administration edged back over £100bn during the year, finishing at £103.4bn, compared to £96.2bn at the end of 2022.