I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Abrdn shares plunge after market turmoil sparks £320m loss August 9, 2022 Shares in Abrdn plunged today after the asset manager reported a £320m loss and a sharp slide in assets under administration in the first six months of the year, after a turbulent period on markets.
Man Group shares dive as choppy markets spark fall in assets under management August 2, 2022 Shares in fund management giant Man Group plunged nearly six per cent this morning after it reported a dip in its assets under management and warned that market turbulence may lead to volatile flows in the months ahead.
French asset manager Amundi takes hit from turbulent European markets July 29, 2022 French asset manager Amundi today said the value of the assets it manages has dropped by 4.75 per cent compared to three months ago, due to “unfavourable” market conditions. The Paris headquartered firm said net incomes for the first half of the year were 16 per cent lower than a year ago, as it said [...]
Bridgepoint boasts success despite economic challenges and announces solid first half of 2022 July 26, 2022 Shares in private growth investor Bridgepoint surged today after it shrugged off recessionary fears to post a jump in pre-tax profits for the first half of the year. The FTSE-250 firm said revenues topped £140.1m in the six months to the end of June, up from £122.2m in the same period last year, as underlying pre-tax [...]
Liontrust hit by £500m outflows as investor jitters spread July 19, 2022 London-listed asset manager Liontrust revealed it had been hit by £500m of outflows in the three months to June today as investors continue to pull back from markets amid extreme volatility.
Barclays on the hunt for Chinese banking partner to enter $4.3tn asset management market July 14, 2022 Barclays is on the hunt for a Chinese Banking partner as it looks to grow its footprint into the Chinese asset management market, according to reports today.
Ashmore assets plunge $14bn as investors pull cash July 14, 2022 Specialist emerging markets manager Ashmore revealed the value of its assets under management plunged $14.3bn in the second quarter as war in Ukraine and rising interest rates caused investors to pull back sharply.
The era of steady growth and inflation is over, BlackRock warns July 11, 2022 The world’s biggest asset manager BlackRock said today the era of steady growth and inflation was over as it revealed it had slashed its exposure to developed market equities and was bracing for extended period inflation and volatility.
Fund managers call for FCA blockchain taskforce in plans for ‘Investment Fund 3.0’ July 7, 2022 The UK’s top investment body called on government and regulators to harness the benefit of cryptocurrencies and decentralised finance today, as it claimed the industry was on the cusp of a “major technological transformation”.
Abrdn launches £300m share buyback programme July 6, 2022 Asset manager Abrdn announced a £300m share buyback programme this morning as it looks to put excess cash back in shareholders’ pockets.