Liontrust reports further decline in assets as investors shun UK stocks July 10, 2024 Liontrust has reported £13bn of outflows over the past two years.
Private fund manager Mercia gears up for boost from Mansion House Compact July 2, 2024 Mercia Asset Management has said it plans to reclassify as a trading company and cease to be an investing company as the firm focuses on its profitable funds under management.
Adams Plc remains in the red as geopolitical unrest drags on assets June 27, 2024 Investor in distressed and dysfunctional assets Adams Plc blamed elevated trade tensions with China and the ongoing Russia-Ukraine war for posting another loss in its full year results.
Where next for Liontrust? June 26, 2024 Liontrust's annual results this morning were disappointing, as the asset manager reported it had fallen into the red.
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.