Emerging markets buck investor woes as equity funds shunned Investing Investors may have cut their exposure to equities in favour of bonds and fixed income holdings, but emerging markets defied the trend. UK investors withdrew £858m from equity funds in September, marking the fifteenth month of outflows in the last sixteen, according to the latest fund flow index from Calastone. Since the start of the [...]
Quilter toasts record inflows as financial advice push pays off Investing Quilter has posted record net inflows as the wealth management firm toasts the success of capturing customers seeking financial advice. Total assets under administration and management (AUMA) jumped 25 per cent to £157.4bn in the first half of the year. The hike was driven by a 32 per cent increase in core net inflows to [...]
Keep your politics out of your investments Analysis I keep telling everyone that you should keep your politics out of your investment portfolio. The market doesn’t care about your politics. That is why I am against ESG investors that exclude certain industries from their portfolio, just like conservative investors who think climate change is a hoax and don’t invest in wind and solar [...]
Thin end of the wedge? LLPs brace for major tax overhaul July 2, 2026 The maths genius behind trading firm XTX, Alex Gerko, stands high in the rankings of Britain’s top taxpayers, having paid more than £330m to HMRC last year. For good measure, he also handed out more than £150m to charities and good causes in 2025, focusing on education and supporting talented math graduates to pursue PhDs [...]
UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle July 1, 2026 Hedge fund Bluecrest Capital Management, founded by the UK’s wealthiest financier, said the UK is no longer “a serious contender” as a place to do business after it lost a £200m battle with the tax man, in a ruling that could now leave the wider hedge fund and professional services industries facing a hefty bill. The [...]
Wealth advisory firm set for £240m sale as bidders circle June 25, 2026 Wealth advisory firm Equiom is set for a potential £240m sale in what would be the latest in a wave of dealmaking across the sector, City AM can reveal. The Isle of Man headquartered firm, which counts family offices and high net worth individuals among its client base, is currently running a sale process and [...]
City law firm lands record £36bn BHP case June 25, 2026 City-based law firm Quinn Emmanuel has been appointed to lead litigation on a £36bn claim against BHP, one of the largest class action claims in UK history. Another London-based law firm, Pogust Goodhead, is leading the claim against the mining giant over a 2015 collapse of a dam in Brazil, and said on Wednesday it [...]
Griffin’s Citadel to swerve New York after mayor’s wealth tax campaign May 6, 2026 Hedge fund juggernaut Citadel has diverted investment earmarked for New York to its Miami headquarters, founder Ken Griffin has said, after the city’s socialist mayor filmed a video promoting a new ‘pied a terre’ wealth tax outside the billionaire’s $285m penthouse. Griffin told CNBC that because of mayor Zohran Mamdani’s social media clip, his $67bn [...]
Semi-liquid vehicles set to surpass $3 trillion as more retail investors enter the market April 20, 2026 Wealth managers and private market fund managers anticipate semi-liquid assets under management to rocket over the next four years, as more retail investors tap into the market. Assets under management (AUM) held in semi-liquid vehicles is expected to exceed $3 trillion (£2.2 trillion) in 2030, according to Carne Group, with the market nearly tripling between [...]
Bill Ackman in talks to launch fund in bid to pounce on investor complacency April 9, 2026 Bill Ackman is reportedly in talks to launch a new fund in an attempt to copy the success of doomsday trades the investor made during the covid pandemic. The billionaire hedge fund manager’s investment company Pershing Square would use the fund to make “asymmetric” trades aimed at profiting by betting against the leading market narratives, [...]